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Issue 11 - Upstream's Upswing - Can Supply Keep Up With Demand?
December 14, 2011
Unprecedented capital expenditure budgets for 2011 are being planned by major and non-major oil companies in Upstream E&P (Exploration and Production) across the globe. A particularly active area is Brazil, with the potential to become one of the top five major oil producers and exporters in the world if the pre-salt potential reserves of Tupi Basin (formerly known as Lula Field) produce as expected.

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