Developing Countries Oil Supply – May 2016

Source: OPEC 6/7/2016, Location: Europe

Total oil production in developing countries (DCs) grew by 0.20 mb/d in 2015 to average 11.53 mb/d, unchanged from the previous MOMR. In 2016, it is expected that total output will decline by 50 tb/d to average 11.48 mb/d. Predicted supply for 2016 was dragged down in this month’s assessment by 50 tb/d, due to weak output in 1Q16 in different regions. The expected contraction in Africa, Middle East and Latin America will be partially offset by minor growth in Other Asia.


Norway >>  8/11/2022 - Aker Solutions has been awarded a sizeable [1] contract from Aker BP to provide the subsea production system for the Trell & Trine field development, ...
Norway >>  8/11/2022 - Subsea 7 announced the award of a sizeable1 contract by Aker BP for the Trell & Trine field development, located in the Alvheim area of the North Sea....

United Kingdom >>  8/2/2022 - Aker Solutions has been awarded a contract(1) from Shell UK for the delivery of a not permanently attended installation (NPAI) for the Jackdaw gas fie...
Netherlands/Holland >>  7/21/2022 - As part of the current Partnership Agreement between Technip Energies and Neste, Technip Energies (TE) has been awarded a large contract by Neste for ...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

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