Tag Archives | GlobalData

$21bn Capex for Iran’s Oil Projects by 2021

Almost $21 billion in capital expenditure (capex) will be spent by Iran on oil projects between 2018 and 2021 to ensure that production grows to around 4.9 million barrels per day in 2021, according to leading market research and analysis firm GlobalData. The region will have 66 fields producing liquid hydrocarbons by 2021, of which […]