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Saturday, 24 February 2018

Ten oil projects require $97bn for 1.6mb/d by 2025

Ten oil projects require $97bn for 1.6mb/d by 2025

24 February 2018, Sweetcrude, Lagos — Over $151.5bn in capital expenditure will be spent over the lifetime of the top ten offshore oil projects to produce 14.3 billion barrels of crude, according to GlobalData, a leading data, and analytics company. These ten projects, selected from 236 upcoming offshore projects globally, will contribute incremental capacity of …

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