![A gas drilling rig operated by Noble Energy in the East Mediterranean. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/UUCB67DPGX777ECKIFJT2JVLLQ.jpg?smart=true&auth=63bad186a70411112d0368576224d87dc78937e31dac57fce482b845ccf79844&width=400&height=225)
A gas drilling rig operated by Noble Energy in the East Mediterranean. Reuters
A gas drilling rig operated by Noble Energy in the East Mediterranean. Reuters
Oil and gas exploration spending to recover from record lows to $22bn a year
Wood Mackenzie expects exploration spending to increase by 6.8 per cent this year