Oil and gas exploration spending to recover from historic lows, average $22B per annum through 2027
Deepwater areas of Africa and Eastern Mediterranean to provide most growth opportunities Source | Wood Mackenzie 16 August 2023 Exploration spend (excluding appraisal) will recover from historic lows to average US$22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie. Tailwinds from attractive exploration economics, […]







