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Oil & Gas FIDs to Rebound to Pre-Pandemic Levels from 2022, Rystad says

Sep 22, 2020

Oil and gas project sanctions, especially in the offshore segment, are expected to rebound next year compared to the COVID-19 ravaged 2020, and even exceed the pre-pandemic levels from 2022 onwards, energy market analysts from Rystad Energy have said.Rystad on Tuesday somewhat upgraded its expectations for 2020 too, and now expects oil and gas project sanctions this year to reach the $53 billion mark…

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