2021 Has Been A Blockbuster Year For Offshore Oil And Gas ...Middle East

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2021 Has Been A Blockbuster Year For Offshore Oil And Gas
For an industry in trouble, the oil and gas industry is doing pretty well in terms of discoveries and final investment decisions. So far this year, 21 new offshore projects received a final investment decision, according to Westwood Global Energy Group. At the same time, a number of discoveries were made, tapping billions in new oil reserves. The Middle East and Latin America are the leaders in final investment decisions, to the tune of a $20 billion, Offshore magazine reports, citing Westwood analyst Joe Killen. In the Middle East, one of the…

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