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Q3 pre-FID upstream project tracker: 10 billion boe en route to sanction in 2017

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Report summary

With 18 major projects sanctioned representing nearly 8 billion boe of reserves 2017 so far represents solid progress on 2016. But with some big pre FID projects still sitting in the hopper particularly the 2.4 billion boe South Pars 11 a target of 10 billion boe appears attainable. We remain well on the way to our January forecast of 20 25 major final investment decisions (FIDs) during the year.

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    Q3 pre-FID upstream project tracker_10 billion boe en route to sanction in 2017.pdf

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