Oil and gas plant spending to rise

February 2004
Process Engineering;Feb2004, Vol. 85 Issue 2, p5
Trade Publication
Forecast an increase in the spending on process equipment by the oil and gas industry, according to a report from market researchers at the Arc Advisory Group. Projected rise in the global market for plant-level expenditure, both in the exploration and production and refining stages, to more than 200 billion by 2008; Factors cited for the increase in expenditure.


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