Monthly Global Upstream Review, February 2017 – Decline in Global Capex Outlook
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Globally, upstream oil and gas production is expected to decline by around -1.7% over the 2017 to 2021 period. Total production outlook to 2021 has decreased by more than 500 million barrels of oil equivalent (mmboe) when compared with the January 2017 report. The average capex is expected to decrease by a marginal -0.2% over the next four years. The number of planned projects coming online in the 2017–2025 period is expected to be the highest in South America among all the regions, followed by Europe.
Scope
Global oil and gas production outlook by region for the period 2017 to 2021
Key economic metrics for the global upstream industry by major regions and companies
Global liquids and natural gas production outlook by region for the period 2017 to 2021
Global capex spending outlook on planned projects by key regions and companies
Reasons to Buy
Identify opportunities and challenges in the global upstream industry
Facilitate decision making on the basis of strong outlook of planned oil and gas production
Develop business strategies with the help of specific insights on the global production and capex outlook
Assess your competitor’s capex and key economic metrics
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