Upstream spending returns to growth

摘要

Wood Mackenzie's recent analysis of companies' investment plans reveals that global upstream capital spending in 2010 is likely to exceed $380bn, indicating that confidence has returned to many regions and sectors of the upstream industry. However, recovery is not uniform. lain Brown, Wood Mackenzie's Regional Upstream Research Manager explains: 'It is clear from our understanding of operators' plans in the autumn of 2010, that confidence has returned to many regions and sectors of the industry, although this effect is far from consistent across the world.