NEW YORK, Jan. 24, 2017 /PRNewswire/ -- Monthly Global Upstream Review, November 2016 - South America and Asia Lead in Global Upstream Development
The global oil and gas industry is expected to witness a production increase of around 2% over the next four years. Capital spending on the planned oil and gas projects continues to be limited by low crude prices, which in turn is leading to postponement of the planned projects. The average capex spending is also expected to decrease by around 40% over the next four years. Among regions, the number of project developments during the 2016 to 2020 period is the highest in South America, followed by Asia.
- Global oil and gas production outlook by region for the period 2016 to 2020
- 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 2016 to 2020
- Global capex spending outlook on the 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 the 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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