Global Oil and Gas Production Market 2016 to 2020 – Outlook, Competitive analysis, Industry Trends & Forecasts: Acute Market Reports
In the global upstream industry, oil and gas production is expected to increase by 4.5% over the next four years. However capex spending on the planned oil and gas projects is expected to decrease during the analysis period mainly due to persistent low crude oil prices.
More than 300 planned production projects are expected to start operations during the 2016 to 2020 period, with South America having the highest planned projects, followed by Europe and Africa. Africa will also have the highest capex spending among all regions in the world during the forecast period.
– Global oil and gas production forecast by region for the period 2016 to 2020
– Key economic metrics for the global oil and gas industry by key regions and companies
– Global liquids and natural gas production forecast by region for the period 2016 to 2020
View Report At: http://www.abnewswire.com/pressreleases/business-research-2022-world-third-party-logistics-3pl-market-size-share-trends-growth-regional-outlook-forecast-report-acute-market-reports_75940.html
Reasons to buy
– Identify opportunities and challenges in the global upstream industry
– Facilitate decision making on the basis of strong forecast of oil and gas production data
– Develop business strategies with the help of specific insights on global production and capex outlook
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