wn1sdwk000IN4
Sign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.
Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20% to meet future demand growth and ensure companies sustain production next decade.
Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development
Qatar Petroleum announces plans for a fourth LNG megatrain
Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030.
The impact of the 2014 oil price collapse is still being felt across the upstream sector. Operators have cut investment, deferred projects and implemented tough cost discipline, slashing US$910 billion from global capital expenditure estimates for 2015-2020. While many operators believe the cuts will stick, a new survey released today by natural resources consultancy Wood Mackenzie indicates the pictured is more nuanced.
2018 looks set to be a brighter year for upstream oil and gas companies
OPEC and non-OPEC producers agree to extend production curbs through 2018
Viewing page 2 of 2