An estimated 50 oil and gas fields in South East Asia, with a collective four billion barrels of oil equivalent resources, will likely be approved for development during the three-year period from 2018 through 2020, according to industry analyst Rystad Energy.
These fields will require $28 billion of capex from final investment decision (FID) to first production. The $28 billion is for greenfield opportunities available to 2020. Brownfield, maintenance and infill drilling activities at existing projects will consume more funds…
https://www.maritime-executive.com/article/28-billion-to-be-spent-on-asian-oil-and-gas-projects
