Oil and Gas Explorers Will Become Bolder
'Positive results have increased confidence in exploration'.
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'Positive results have increased confidence in exploration'.
Wood Mackenzie, exploration, exploration expenditure, Eastern Mediterranean, deepwater, Atlantic margin
Exploration spending (excluding appraisal) will recover from historic lows to an average of $22 billion per annum in real…
Oil and gas exploration expenditures (excluding appraisal) will rebound from historic lows, reaching an average of $22 billion annually in real terms over the next 5 years, according to a Wood Mackenzie report.
Wood Mackenzie, exploration, exploration expenditure, Eastern Mediterranean, deepwater, Atlantic margin