Thursday, 29 March 2018

615 upcoming oil/gas fields to gulp $811bn by 2025

615 upcoming oil/gas fields to gulp $811bn by 2025

29 March 2018, Sweetcrude, Lagos — Over $811bn will be spent on 615 upcoming oil and gas fields between 2018 and 2025. Globally, capital expenditure (CapEx) into conventional oil, heavy oil, oil sands and unconventional oil projects would add up to $352bn, $44bn, $43.4bn and $30bn respectively over the eight-year period, according to GlobalData, a …

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