PUBLISHER: GlobalData | PRODUCT CODE: 1780672
PUBLISHER: GlobalData | PRODUCT CODE: 1780672
This report provides a detailed analysis of oil and gas construction projects globally, based on projects tracked by GlobalData.
GlobalData is tracking oil and gas construction projects with a total value of $3.3 trillion, from the pre-planning stage to the execution stage. Most of the projects are in the late stages (pre-execution and execution), amounting to $2.1 trillion or 63.2% of projects by stage. Assuming all projects in the currently tracked pipeline proceed according to their schedules and spending is distributed evenly across the execution stage, annual pipeline expenditure may reach $351.8 billion in 2025 and $507.7 billion in 2026.