Project Insight - Global Oil and Gas Construction Projects (Q1 2026)

GlobalData is currently tracking oil and gas construction projects worldwide, from the early pre-planning stages (announcement and study) through to execution, with a combined value of $3.8 trillion. By region, the Middle East and North Africa account for the largest share of global value, with a pipeline valued at $980 billion. North America ranks second, with a project pipeline value of $722.6 billion, followed by Sub-Saharan Africa ($465.7 billion) and Latin America ($378.5 billion). Assuming all projects in the currently tracked pipeline proceed according to schedule and spending is distributed evenly across the execution stage, annual pipeline expenditure may reach $471.3 billion in 2026 and $700.0 billion in 2027. Between 2028 and 2030, spending on the currently tracked pipeline may average $508.4 billion per year.

Scope

• The report provides analysis based on GlobalData's construction projects showing total project values and analysis by stage and funding for all regions. The top 20 projects per region are listed giving country, stage, value of projects. Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.

Reasons to Buy

• Gain insight into the development of the oil and gas construction sector.
• Assess all major projects by value, start date, scope and stage of development globally, for the regions to support business development activities.
• Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.