Monthly Global Upstream Review, January 2017 - Marginal Downturn in Global Oil and Gas Production Forecast

Monthly Global Upstream Review, January 2017 - Marginal Downturn in Global Oil and Gas Production Forecast
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Summary

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 competitorís capex and key economic metrics

Date Published

March, 2017

Format / Pages

PDF / 16