Remove 2027 Remove Field Remove Upstream
article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.