Company Profitability and Market Share
140,000
120,000
100,000
80,000
60,000
40,000
20,000
www.cosl.com.cn COSL
Bright Future for Oil and Gas Exploration
Continuing Increase in World
Investments in Marine Oil and Gas
World investments in marine oil&gas exploration and
operations are expected to increase to US$144b
per annum on average in next 10 years.
0
2002
2003 2004 2005 2006 2007E 2008E 2009E 2010E
■ САРЕХ
Source: Energyfiles Ltd.
■ ОРЕХ
Average investments in deep water operations will
exceed US$15B per annum. Deep waters and ultra
deep waters will continue to be hot exploration spots
for world oil and gas.
Investments will grow faster in West Africa, Brazil,
Gulf of Mexico and Asia Pacific regions.
Investments in Marine oil and gas in Asia Pacific in
2008 will increase 65% from the levels in 2002.
• Exploration activities are seen to kick off in
emerging marine regions including Southeast Asia.
Source: Oil.IN-EN.com
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