Unocal sees 2002 worldwide capital spending at $1.7 billion, says Chairman and CEO WilliamsonIn Alaska the company will redevelop large mature oil and gas fields; production growth will come from seven areas in 2002-2007, including South Kenai gas Kristen Nelson PNA Editor-in-Chief
U nocal Corp. said Jan. 7 that it expects capital expenditures for 2002 of approximately $1.7 billion, essentially unchanged from the estimated expenditures in 2001. The company said the capital-spending estimate does not include major acquisition expenditures for either year.
“We are shifting more....
Field expansion planned in Alaska
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