Global Upstream Investments Set For 15-year Low, Falling to USD383 billion in 2020 – Rystad Energy

Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now forecasted to reach $383 … Read More

Coronavirus to delay most of 2020’s FPSO deliveries and postpone USD30 billion of E&P investments

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore. Rystad … Read More