Summary

A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Canada, Russia, and the US as the top countries in terms of new-build capex to be spent on planned and announced upstream projects during the outlook period. Canada tops the list with capex of around US$107.7bn. Russia and the US together will spend around US$143.8bn on planned and announced upstream projects, from 2019 to 2025.

Royal Dutch Shell Plc leads among all Oil and Gas companies and is expected to spend US$54.6bn on upcoming upstream projects during the forecast period. Shell has spread its new-build capex for the development of 60 upcoming upstream projects. This will further aid the company to expand its scale, and increase production and cash flows. Gazprom and Exxon Mobil Corp are the next top spenders with new-build capex of US$49.8 billion and US$43 billion, respectively.

The report "H1 2019 Global Oil and Gas Upstream Capital Expenditure Outlook by Key Countries and Companies to 2025 - Shell Leads New-Build Upstream Capex Outlook among Companies", also identifies among the globally planned and announced upstream projects, Golfinho-Atum Complex in Mozambique has the highest capex spending of US$16.8bn between 2019 and 2025. Voyageur South (Suncor Energy Inc.) project in Canada, and Mamba Complex project in Mozambique follow with an estimated capex spending of US$15.8bn and US$14.8bn, respectively during the outlook period.


Scope

  • New-build capex outlook of oil and gas upstream projects globally for the period 2019 to 2025
  • Capex Spending by each region on planned and announced upstream projects for the outlook period
  • Capex Spending by key countries on planned and announced upstream projects for the outlook period
  • Capex Spending by key companies on planned and announced upstream projects for the outlook period
  • Key planned and announced upstream projects by capex for the outlook period.




Reasons To Buy

  • Facilitate decision making on the basis of strong data about global oil and gas upstream project new-build capex
  • Develop business strategies with the help of specific insights on global oil and gas upstream capex outlook
  • Gain insights in to new-build capex spending by key countries on global oil and gas upstream sector
  • Understand competitors’ capex outlook on global oil and gas upstream sector.