Upstream spending, cut by $285 billion in two years, will struggle to recover to pre-pandemic levels ...Saudi Arabia

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Upstream spending, cut by $285 billion in two years, will struggle to recover to pre-pandemic levels
The toll of the COVID-19 pandemic on upstream investments in the first two years of the downturn is estimated at a whopping $285 billion, and although spending will slowly start to rise from 2022, it will not reach pre-crisis levels in the coming period, according to a Rystad Energy report. The (...)

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