Global Oil & Gas Final Investment Decisions (FIDs) in 2020: Focus on Natural Gas Developments

News provided by

Jan 30, 2020, 12:45 ET

DUBLIN, Jan. 30, 2020 /PRNewswire/ -- The "Global Oil & Gas FIDs in 2020" report has been added to ResearchAndMarkets.com's offering.

Report Scope

Analysis of remaining reserves of greenfield upstream production projects planned for FIDs by region in 2020
Key details of upstream production projects targeted to receive FIDs in 2020
Brief analysis of major projects expected to receive FIDs across key segments of midstream sector
Key details of midstream projects targeted to receive FIDs in 2020
Brief analysis of major projects expected to receive FID in refinery and petrochemical segments
Key details of refinery and petrochemical projects targeted to receive FIDs in 2020

Oil and Gas operators globally will continue to push for faster returns with shorter cycle investments, as the industry moves away from giant developments. Projects now go from Final Investment Decision (FID) to first oil/gas in under 3-4 years, even for larger integrated developments with midstream components. Globally, this trend was observed with Zohr in Egypt, which produced first gas only 22 months after the FID, and more recently with Liza in Guyana.

Final Investment Decisions (FIDs) planned across the oil and gas value chain in 2020 are set to focus on natural gas developments. Final Investment Decisions (FIDs) targeted for this year in the upstream and midstream sectors are heavily weighted towards gas and liquefied natural gas (LNG). This includes projects in the leading LNG exporters of Australia and Qatar, as well as in the key growth regions of North America and Africa.

The world is increasingly looking to natural gas as a transition fuel and the rise of LNG is facilitating this shift, particularly for major Asian economies. However, the high level of competition for market share in the mid-2020s combined with high capex requirements may mean that not all projects make the cut.

In the downstream sector, the development of new projects is expected to be focused in the petrochemicals segment over refineries. The demand growth centers of India and China contribute the most projects, but a number of new developments are also targeting FID in the US and Russia. Plans for new petrochemical capacity in the US are more evidence of natural gas shaping the industry. The shale gas boom has provided cheap ethane feedstock driving rapid growth after years of stagnation.

Reasons to Buy

Keep abreast of major projects targeted for FIDs in 2020 across oil and gas value chain
Develop business strategies with the help of specific insights about projects expected to receive FIDs in 2020
Obtain latest information on projects expected to receive FIDs in 2020
Facilitate decision making on the basis of strong projects data
Assess your competitor's projects targeted to receive FIDs in 2020

Key Topics Covered

1. Summary

2. Upstream
2.1. List of Upstream Production Projects Targeting FIDs in 2020

3. Midstream
3.1. List of Oil and Gas Midstream Projects Targeting FIDs in 2020

4. Refining and Petrochemicals
4.1. List of Refining and Petrochemical Plants Targeting FIDs in 2020

5. Appendix

List of Tables
Table 1: Global Oil and Gas Upstream Production Projects Targeting FIDs in 2020
Table 2: Global Oil and Gas Midstream Projects Targeting FIDs in 2020
Table 3: Global Crude Oil Refining and Petrochemical Projects Targeting FIDs in 2020

List of Figures
Figure 1: Count and Remaining Reserves of Greenfield Upstream Production Projects Planned for FIDs in 2020 by Region
Figure 2: Count and Capex of Midstream Projects Planned for FIDs in 2020 by Segment
Figure 3: Count and Capex of Refineries and Petrochemical Plants Planned for FIDs in 2020

For more information about this report visit https://www.researchandmarkets.com/r/v1tc85

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets