7. Conclusion
Of the world's 70 Tm
3
of reserves, half are estimated to lie at depths of more than 200 m and more than 250 km from the coast
.
IOCs (International Oil Companies) exploit both gas and oil reserves. Recently, we've even seen the takeover of historic gas companies by oil companies: BG (ex-British Gas) bought by Shell, but also the announcement that Engie (ex-GDF-Suez) is abandoning its exploration and production business.
However, in terms of total fossil fuel production, offshore gas plays...
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