GlobalData


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Over $180bn Will be Spent on 88 Upcoming Oil and Gas Fields in Africa to 2025, Says GlobalData

Over $180bn will be spent on 88 upcoming oil and gas fields between 2018 and 2025. Capital expenditure (capex) into Africa's conventional oil, heavy oil and unconventional oil projects will add up to $88bn, $2bn and $3bn respectively over the eight-year period, according to GlobalData , a leadin ...

OilVoice Press - OilVoice


Posted 2 hours agoOpinion > GlobalDataOilgas +4

Over $142bn Will be Spent on 97 Upcoming Oil and Gas Fields in North America to 2025, Says GlobalData

Over $142bn will be spent on 97 upcoming oil and gas fields between 2018 and 2025. Capital expenditure (capex) into North America's conventional oil and gas projects will add up to $91bn and $2.9bn, respectively over the eight-year period, with $82.6bn of capex contributing from the offshore fields ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > North AmericaOilgas +6

Over $81.4bn Will be Spent on Top 10 Oil and Gas Upstream Projects in South America to 2025, Says GlobalData

Over $81.4bn in capital expenditure (capex) will be spent over the lifetime of the top ten upcoming oil and gas upstream projects in South America to produce 8.4 billion barrels of oil equivalent, according to GlobalData , a leading data and analytics company. These 10 projects, selected from 7 ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > GlobalDataOilgas +4

4th Offshore Licensing Round Offers Sierra Leone Opportunity to Expand its Upstream Sector, Says GlobalData

With the Atlantic Margin of Africa firmly positioned on a steeply rising limb of the creaming curve, Sierra Leone's 4th Offshore Licensing Round offers explorers the opportunity to enter into an emerging petroleum province at a favorable time, though changes to Sierra Leone's fiscal terms make the ...

OilVoice Press - OilVoice


Posted 4 days agoOpinion > GlobalDataupstreamSierra Leone +4

Petrobangla and Kuwait Petroleum Lead Global Regasification Capacity Additions to 2022, Says GlobalData

Global liquefied natural gas (LNG) regasification capacity is expected grow by 39.6 percent between 2018 and 2022, from 45.9 trillion cubic feet (tcf) in 2018 to 64.1 tcf in 2022. Among global companies, both Bangladesh Oil, Gas and Mineral Corp (Petrobangla) and Kuwait Petroleum Corporation lead i ...

OilVoice Press - OilVoice


Posted 6 days agoOpinion > Kuwait Petroleum CorporationKuwait PetroleumKuwait +5

Petrobras Will Drive Over 76 Percent of Brazil’s Crude and Condensate Production to 2021, Says GlobalData

Petróleo Brasileiro S.A.'s (Petrobras) liquids production is expected to grow to 2.7 million barrels per day (mmbd) by 2021. Although in decline, the prolific Roncador field will still drive company's oil production with over 8.3 percent share of all the production in 2021. Buzios III (Franco) and ...

OilVoice Press - OilVoice


Posted 7 days agoOpinion > GlobalDataPetrobrasBrazil +5

Over $36.9bn Will Be Spent on Top 10 Offshore Heavy Oil Projects to 2025, Says GlobalData

Over $36.9bn in capital expenditure will be spent over the lifetime of the top 10 upcoming offshore heavy oil projects to produce 2.6 billion barrels of oil. These 10 projects, selected from 18 upcoming offshore heavy oil projects globally, will contribute incremental capacity of 400.5 thousand bar ...

OilVoice Press - OilVoice


Posted 8 days agoOpinion > OffshoreGlobalDataOil +4

Venezuela’s Long Road to Production Collapse Fueled by Challenging Reservoirs and Underinvestment, Says GlobalData

The collapse of the Venezuelan economy has been fed by a continuing drop in crude oil production. The country's annual production has gone from an estimated 2.86 million barrels per day (mmbd) in 2010 to 2.07mmbd in 2017. The steepest production declines have occurred in the mature fields of the Ma ...

OilVoice Press - OilVoice


Posted 11 days agoOpinion > GlobalDataVenezuelaOil +7

US Leads Globally in Planned Polyethylene Capacity Additions to 2022

Analysis of the global planned polyethylene capacity shows that the US has the highest planned polyethylene capacity additions globally with 9.4 million tonnes per year (mtpa) during 2018 to 2022, followed by Iran and China with 5.8 mtpa and 4.4 mtpa respectively, according to GlobalData , a lea ...

OilVoice Press - OilVoice


Posted 12 days agoOpinion > United StatesUSGlobalData +3

Russia Leads Planned and Announced Projects Count to 2025, Says GlobalData

A total of 43 crude and natural gas projects are expected to start operations in four countries in the Former Soviet Union (FSU) between 2018 and 2025, according to GlobalData, a leading data and analytics company. The company's report: ‘ Semi-Annual Production and Capital Expenditure Outlook for ...

OilVoice Press - OilVoice


Posted 13 days agoOpinion > Crudenatural gasRussia +3

Trans Saharan Gas is the Longest Planned Pipeline in the EMEA to 2022, Says GlobalData

Analysis of the planned and announced trunk/transmission oil and gas pipelines in Europe, Middle East, and Africa (EMEA) shows that the Trans Saharan Gas project pipeline is the longest planned pipeline with a length of 4,400km. The African Renaissance Project pipeline and the Gasnosu pipeline foll ...

OilVoice Press - OilVoice


Posted 14 days agoOpinion > Saharangaspipeline +4

Over $25bn Will be Spent on Nigeria’s Upstream Capex to 2020, Says GlobalData

An average capital expenditure (capex) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020. Capex into Nigeria's oil and gas projects will add up to $25.3bn over the three-year period in upstream capex by 2020, according to GlobalData , a leading data and ...

OilVoice Press - OilVoice


Posted 14 days agoOpinion > NigeriaCAPEXGlobalData +8

Over $21bn of capex to be spent on Iran’s oil projects by 2021, says GlobalData

Analysis of crude oil production in Iran shows that approximately $21bn in capital expenditure (capex) will be spent by Iran on oil projects between 2018 and 2021, to ensure that production grows to around 4.9 million barrel per day (mmbd) in 2021, according to GlobalData , a leading data and an ...

OilVoice Press - OilVoice


Posted 18 days agoOpinion > GlobalDataCAPEXCrude oil +6

81 New Oil and Gas Projects in Europe to Commence Production by 2025, Says GlobalData

81 new crude and natural gas projects will start operations in Europe between 2018 and 2025. By 2025, the projects will contribute around 1,496 thousand barrels per day (mbd) to global oil production and close to 4.7 billion cubic feet per day (bcfd) to global gas production, according to GlobalD ...

OilVoice Press - OilVoice


Posted 18 days agoOpinion > GlobalDataOilgas +8

China Leads Globally With Most Planned Hydrocracker Unit Capacity Additions to 2022, Says GlobalData

Analysis of planned hydrocracker unit capacity of refineries shows that China has the highest planned hydrocracker capacity globally with 232.0 thousand barrels per day (mbd) during 2018 to 2022. Nigeria and India follow with 188.5 mbd and 136.0 mbd, respectively, according to GlobalData , a lea ...

OilVoice Press - OilVoice


Posted 18 days agoOpinion > GlobalDataChinaHydrocracker +1