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Analysts predict 10% hike in global E&P spend

Global energy exploration and production spending is set to rise by 10% to $598 million in 2012, driven by higher oil prices, analysts have predicted.

Global outlook: Exploration and production set to rise by 10% or more next year, according to Barclays Capital
Global outlook: Exploration and production set to rise by 10% or more next year, according to Barclays Capital
  • Reuters
Published 5 December 2011, 12:32Updated 10 July 2012, 10:19
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