Monthly Global Upstream Review, January 2017 – Marginal Downturn in Global Oil and Gas Production Forecast
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Globally, upstream oil and gas production is expected to decline by around 3% over the 2017 to 2021 period. The number of project postponements is increasing due to reduction in capital spending on the planned oil and gas projects. The average capex is expected to decrease by around 28% over the next four years. The number of project developments during the 2017 to 2021 period is expected to be the highest in South America among all the regions, followed by Africa and 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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