The world's Oil & Gas market will continue growing over the forthcoming years, at an annual rate of 1.5%. A similar share of total power consumption is expected to be maintained in the future, leveraged by the increase in the gas consumption share over the forthcoming years.
Investment of 4.771 billion euros in Oil & Gas is foreseen for the 2014-2020 period, with 75% of investment in the upstream segment, highlighting the operation of "deep-water" sites and non-conventional resources.
The PECE 2018 has identified the Oil&Gas sector as a new strategic area for the Basque Energy Cluster. Our objective in this field will be to support Basque companies positioned in the Oil&Gas value chains and identify others that may target this sector. Therefore, we will try to contribute towards its consolidation as one of the pillars of Basque industry and ensure its global visibility and recognition.
Technological reports of conferences and congresses.