Eight companies have been awarded Long-Term Agreements for a six-year base period and extendable for an additional six years
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Posted inDRILLING & PRODUCTION
Big E&P spending still needed, but fields with break-even above $60 are priced out: Rystad Energy
As the world transitions to a less carbon-intensive future, Rystad Energy forecasts that the global inventory of already discovered oil fields with a breakeven oil price of below $60 Brent (real) is sufficient to meet demand growth and offset declines from maturing fields until around 2027