MARKETS

Rystad bets on oil to 2100

NORWEGIAN consultancy Rystad Energy is betting long that oil demand in sectors like petrochemicals will keep demand alive out to 2100 in a boon for offshore producers and the wider offshore services sector.

Helen Clark

Looking to the 50th Offshore Technology Conference in Houston this week Rystad also suggests that a potential 800 billion barrels of oil equivalent could underpin another 50 years' exploration. ...

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