EXPLORATION

Bullish outlook for global E&P spend

DESPITE grave concerns over sovereign debt levels in 2012, oil and gas exploration and production is set to grow by 9.3% to $US595 billion ($A573.59 billion) according to a survey by Dahlman Rose & Company.

Bullish outlook for global E&P spend

The report said the majority of the spend was to come from major players such as ExxonMobil, Chevron, ConocoPhillips and Total while E&P spending from juniors would be restricted, if still positive. ...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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