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Saturday 28 April 2018

Postponements lead to fall in planned global upstream oil & gas projects

Postponements lead to fall in planned global upstream oil & gas projects

28 April 2018, Sweetcrude, Houston, Texas — Analysis of the global upstream in March 2018 revealed that oil and gas production is expected to increase by 2.3 percent between 2018 and 2022. Globally, total production outlook is expected to increase to 60,997 million barrels of oil equivalent (mmboe) by 2022. The total production outlook in …

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