Oil and Gas Upstream New Build and Expansion Projects Analytics and Forecast by Project Type, Regions, Countries and Development Stage, 2022-2026
Summary
Globally 831 oil and gas production projects are expected to start operations during the 2022 to 2026 outlook period. Of these, 520 represent new build projects and 311 are expansions of existing fields. Conventional and unconventional crude oil projects lead global production projects starts, accounting for 57% of the total project starts, or 477 by 2026. Natural gas accounts for the rest with 354 projects. Asia leads among the regions with 195 projects expected to start operations by 2026. Europe and Africa follow with 141 and 130 projects, respectively.
Scope
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