The document provides a detailed analysis of spending in the US Integrated Oils sector, focusing on offshore upstream CAPEX for 2014. It includes a breakdown of spending categories such as Greenfield, Brownfield, and Exploration CAPEX. The document also presents historical data on engineering, equipment, services, and SURF spending from 2006 to 2011, along with their share of Brownfield spending. Additionally, it discusses the impact of local currency devaluations on brownfield spending, using Norway's NOK as an example, and provides an illustrative example of how a stronger dollar can soften spending declines.
documents/vol00010-efta01367335-pdf.pdf
{"title":"US Integrated Oils Spending Analysis","document_date":"2015-05-31","document_type":"tabular","key_locations":["Norway"],"key_organizations":["Deutsche Bank","Wood Mackenzie"]}