Tag: double

New global upstream oil projects to double in 2017 – Wood Mackenzie

New global upstream oil projects to double in 2017 – Wood Mackenzie

Potential for further improvement in drilling speed of 20% to 30% in some early-life tight oil plays Wood Mackenzie forecasts the investment cycle will show the first signs of growth in 2017 since 2014 and final investment decisions (FIDs) will double, compared with 2016. “2017 will demonstrate how efficient the oil and gas industry has […]

By January 11, 2017 0 Comments Read More →