Market Research Report
Monthly Global Upstream Review, December 2018 - Middle East Continues to Lead Global Crude and Condensate Production
|Published by||GlobalData||Product code||354077|
|Published||Content info||18 Pages
Delivery time: 1-2 business days
|Monthly Global Upstream Review, December 2018 - Middle East Continues to Lead Global Crude and Condensate Production|
|Published: February 1, 2019||Content info: 18 Pages||
Global oil and gas production is expected to increase by 9.6% during the 2018 to 2022 outlook period. Total production is expected to increase to around 64,013 mmboe by 2022. Globally, new-build capex of US$623.6 billion is expected to be spent on planned and announced projects between 2018 and 2022 period. Among companies, China National Offshore Oil Corp, Petroleo Brasileiro SA, and Royal Dutch Shell Plc will lead in terms of new build capex spending during the outlook period.