2020 – os investimentos em exploração e produção de óleo e gás serão os menores dos últimos 13 anos

2020 – Investments in Oil and Gas Exploration and Production Will Be the Lowest in 13 Years

Written by Roberta Souza

Published on 31/03/2020 at 17:04

petróleo, óleo e gás, investimentos

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The year 2020 will be remembered as a difficult year for most of the global population, businesses, and especially the oil and gas sector. Due to the coronavirus pandemic, the drop in fuel demand and the war between Saudi Arabia and Russia over the commodity supply are the main factors responsible for the drop in prices and minimal investments in the oil exploration and production segment worldwide.

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An analysis conducted by Rystad Energy states that companies’ Capex is expected to be the lowest in the last 13 years. The analysis takes into account a scenario of US$ 34 per barrel this year and US$ 44 per barrel next year.

The estimate is that investments in exploration and production may fall by up to US$ 100 billion this year, totaling around US$ 450 billion.

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2020 – Investments in Oil and Gas Exploration and Production Will Be the Lowest in 13 Years

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With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

It looks like a spaceship landed on the roof, but it’s actually an old fire station with a glass structure, housing about 500 employees and showcasing one of the most impressive administrative headquarters in Europe.

Bricklayers off the scaffolding? New system uses autonomous drones to position bricks and apply adhesive in the air, creating walls with two flying robots working as a team.

A sea that did not exist 120 years ago was born from an engineering error in California, turned into a Hollywood paradise, almost dried up into toxic dust, and today hides lithium valued at $540 billion capable of powering millions of electric cars.

2020 – Investments in Oil and Gas Exploration and Production Will Be the Lowest in 13 Years

See Also Other News:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Grupo Equatorial tops the national Abradee ranking and places three distributors among the highest rated by major energy clients.

Government announces more than R$ 7 billion in investments in Amazonas on a single Wednesday, the package includes a controversial highway, energy for 75,000 people in communities, new ports, and the largest order in the Brazilian naval industry in a year.

The largest meat cooperative in Brazil estimates that it would need to hire an additional 11,000 workers on top of the current 51,000 just to produce slightly less than today, if Congress approves the end of the 6×1 schedule and the 40-hour workweek.

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It looks like a spaceship landed on the roof, but it’s actually an old fire station with a glass structure, housing about 500 employees and showcasing one of the most impressive administrative headquarters in Europe.

Bricklayers off the scaffolding? New system uses autonomous drones to position bricks and apply adhesive in the air, creating walls with two flying robots working as a team.

A sea that did not exist 120 years ago was born from an engineering error in California, turned into a Hollywood paradise, almost dried up into toxic dust, and today hides lithium valued at $540 billion capable of powering millions of electric cars.