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Increase in Oil and gas production predicted

The oil and gas industry regulator has increased its forecast of what the waters around the UK can recover over the next three decades. There...

Over $58.5bn will be spent on North Sea’s upstream capex by 2020, says GlobalData

An average capital expenditure (capex) of $19.5bn per year is forecast to be spent on 568 oil and gas fields in North Sea between...

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