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Saturday, 5 May 2018

Southeast Asia’s upstream to gulp $46.3bn CapEx by 2020

Southeast Asia’s upstream to gulp $46.3bn CapEx by 2020

05 May 2018, Sweetcrude, Houston — An average capital expenditure (CapEx) of $17.8bn per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData, a leading data and analytics company. Capex on Southeast Asia’s traditional oil projects will add up to $8.3bn over the three-year …

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