VOL. XLVI

No 24

16-June-2003

SUPPLY/DEMAND

20% Of ExxonMobil Upstream Capital Expenditure To 2010 In Mid East

ExxonMobil estimates that around 20% of its worldwide upstream capital expenditure will be in the Middle East through the end of this decade, and this could be larger, with potential new openings, according to the companys Director and Executive Vice President Harry Longwell. Speaking at the 13th Middle East Oil and Gas Show and Conference in Bahrain on 9 June, Mr Longwell said the growth...