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Oz well activity slump ahead

Suppliers should not rely on Australia or Asia in oil price recovery: Rystad.

Average annual growth rate for well demand from 2017 to 2020 by continent.

Average annual growth rate for well demand from 2017 to 2020 by continent.

While the Australian Petroleum Production and Exploration Association has long talked up the need for more conducive policies given all-time low exploration levels, Norwegian energy consultancy Rystad...

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