View all newsletters
Oil and gas construction includes production facilities, liquefaction plants, refineries, pipelines, and storage tanks, and more. Offshore Technology’s Oil and gas construction projects dashboard uses GlobalData’s comprehensive projects database to provide insights into the top oil and gas projects, both offshore and onshore, and oil and gas projects momentum index.
Analysis of the oil and gas construction projects by region shows that the Middle East and Africa region has the largest share of projects by value, with projects worth $1.23 trillion (tn) in pipeline accounting for approximately 35% of the projects in pipeline across the world.
In partnership with
GlobalData's Construction Intelligence Center is the complete source of project, market, company and theme intelligence for the global construction sector.
US-based liquefied natural gas (LNG) company Cheniere Energy is set to advance with the expansion of the Corpus Christi facility in Texas. In a statement, the company said that its board of directors has made...
Subsea 7 has received a ‘major contract’ from Brazilian firm Petrobras for the development of...
Offshore Technology provides insight into the number of new oil and gas projects in the world by country and stage of development.
As at the start of 2022, Offshore Technology had identified 2,410 oil and gas projects over $25m at various stages of development, including 808 in execution.
By country, the US was home to the highest number of oil and gas projects with 221 projects, followed by India and Iran with 192 and 134 projects, respectively.
Offshore Technology provides an analysis of the total investment value of oil and gas projects by country and stage of development, based on GlobalData’s construction projects database.
The total pipeline of new oil and gas construction projects over $25m had a combined value of $5.44tn at the start of 2022.
By country, the US had the largest pipeline of over $25m new oil and gas projects, worth a total of $599.68bn, followed by India and Canada with $442.84bn and $388.84bn, respectively.
Brazil had oil and gas construction projects in the execution phase worth $177.24bn, followed by the US with $166.67bn and Iran with $138.64bn in 2021.
The momentum index is based on scoring the latest developments on projects from +5 to -5 based on the degree to which a development is positive, such as construction commencing or a contract awarded, or negative, such as delays or cancellations. The overall momentum score is the average score of all project developments in each month, weighted by the project values.
The oil and gas construction projects momentum index, which is based on GlobalData’s construction projects database, depicts the monthly and trend scores of projects.
Monthly score is the average event score for all project developments in each month, while the trend score is the three-month moving average of the monthly score.
Offshore Technology has identified the world’s 50 biggest oil and gas projects by value based on GlobalData’s construction projects database.
Libra Offshore Oil Field Development, Brazil, Lula Oil Field (ex-Tupi) Development, Brazil, and North Field LNG Expansion, Qatar topped the list of the world’s 50 biggest oil and gas projects by value as of May 2022.
The top five oil and gas projects together accounted for a combined value of $241.6bn.
| Project Name | Project Value(US$ m) | Project Owner | Location | Stage |
|---|---|---|---|---|
| Libra Offshore Oil Field Development | 80,000 | China National Petroleum Corp;CNOOC New Energy Investment Co Ltd;Petroleo Brasileiro SA;Shell;TotalEnergies SE | Brazil | Execution |
| Lula Oil Field (ex-Tupi) Development | 50,000 | Petroleo Brasileiro SA | Brazil | Execution |
| North Field LNG Expansion | 43,000 | QatarGas | Qatar | Execution |
| Alaska LNG Development | 38,700 | Alaska Gasline Development Corp | United States | Planning |
| Iraq Strategic Crude Oil Export Pipeline | 29,999 | Ministry of Oil, Iraq | Iraq | Tender |
| Sunrise FLNG Development | 20,500 | ConocoPhillips;Ministry Of Transport and Communications, Timor-Leste;Osaka Gas Co Ltd;Shell Australia Ltd;Woodside Petroleum Ltd | Australia | Planning |
| Buzios Offshore Oil and Gas Field Extension | 18,000 | Petroleo Brasileiro SA | Brazil | Execution |
| Johan Sverdrup Oil Field Development | 15,996 | Aker BP ASA;Equinor ASA;Lundin Energy AB;Maersk Oil Norway AS;Petoro AS;TotalEnergies SE | Norway | Execution |
| Plaquemines LNG Facility | 15,000 | Venture Global LNG Inc | United States | Execution |
| Kish Gas Field Development | 13,000 | National Iranian Oil Co | Iran | Design |
| Marlim Offshore Oil Field Revitalization | 12,000 | Petroleo Brasileiro SA | Brazil | Execution |
| Salamat Gas Field Development | 10,200 | BP Alternative Energy Holdings Ltd;Ministry of Petroleum, Egypt;Pharaonic Petroleum Co | Egypt | Study |
| Ca Voi Xanh Offshore Gas Field Development | 10,000 | Exxon Mobil Corporation;Vietnam National Oil and Gas Group | Vietnam | Design |
| Bonny Island NLNG Train VII | 10,000 | Nigeria LNG Ltd | Nigeria | Execution |
| Liza Deepwater Oil Field Development | 9,500 | Exxon Mobil Corporation;Hess Corp;Nexen | Guyana | Execution |
| Bay du Nord Offshore Oil Field Development | 9,387 | Equinor ASA;Husky Energy Inc | Canada | Planning |
| Zuluf Oil Field Development | 9,100 | Saudi Arabian Oil Co | Saudi Arabia | EPC Award |
| Mad Dog Phase 2 Oil Field Development | 9,000 | BHP Billiton Petroleum;BP Corporation North America Inc;Unocal Corp | United States | Execution |
| Payara Deepwater Oil Field Development | 9,000 | Exxon Mobil Corporation;Hess Corp;Nexen | Guyana | Execution |
| Rosebank Oil and Gas Field Development | 8,000 | Equinor UK Ltd;Orsted UK Ltd;Siccar Point Energy E&P Ltd;Suncor Energy U.K. Ltd | United Kingdom | Planning |
| Veidnes Offshore Oil Terminal | 8,000 | Equinor ASA;Petoro AS;Polimeri Europa SpA | Norway | Execution |
| Offshore Floating Natural Gas Liquefaction Plant | 7,000 | Delfin LNG LLC;Hoegh LNG AS | United States | Design |
| KG Basin Oil and Gas Off-Shore Development: KG-DWN-98/2 | 5,076 | Intecsea Inc;Oil and Natural Gas Corp Ltd | India | Execution |
| Iara Offshore Oil Field Development | 5,000 | BG Group Ltd;Galp Energia SGPS SA;Petroleo Brasileiro SA | Brazil | Execution |
| Vito FPU Offshore Oil Field Development | 4,800 | Equinor ASA;Shell plc | United States | Execution |
| Anchor Offshore Oil Field Development | 4,800 | Chevron USA Inc;Cobalt International Energy LP;Samson Exploration LLC;TotalEnergies SE;Venari Resources LLC | United States | Design |
| Equus Offshore Gasfield Development | 4,500 | Western Midstream Partners LP | Australia | Pre-Tender |
| Pecan Oil Field Development | 4,400 | Aker Energy AS;Fuel Trade Limited;Ghana National Petroleum Corp;Lukoil Oil Co | Ghana | Planning |
| Jubilee Oil Field Development | 4,000 | Anadarko Petroleum Corp;Ghana National Petroleum Corp;Kosmos Energy Ltd;The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd;Tullow Ghana Ltd | Ghana | Execution |
| Jansz-Io Compression (J-IC) project | 4,000 | Chevron Australia Pty Ltd | Australia | EPC Award |
| Azeri Central East PDQ Platform | 3,500 | Azerbaijan International Operating Co | Azerbaijan | Execution |
| Jackdaw Oil and Gas Field | 3,477 | Oranje-Nassau Energie B.V.;RockRose CS1 NL BV;Shell plc | United Kingdom | Planning |
| Tyra Gas Field Redevelopment | 3,360 | Dansk Undergrunds Consortium | Denmark | Execution |
| Gorgon Gas Field Stage II | 2,993 | Chevron Australia Pty Ltd;Esso Australia Pty Ltd;JERA Co Inc;Osaka Gas Australia Pty Ltd;Shell Australia Ltd;Tokyo Gas Co Ltd | Australia | Execution |
| Johan Castberg FPSO Development | 2,600 | Eni SpA;Equinor ASA;Petoro AS | Norway | Execution |
| K5 Carbon-dioxide Concentration Gas Field Development | 2,500 | PETRONAS Carigali International Sdn Bhd | Malaysia | Tender |
| Balder X Redevelopment | 2,160 | Mime Petroleum AS;Var Energi AS | Norway | Design |
| Zawtika Gas Field Development | 2,000 | Myanmar Oil and Gas Enterprise;PTT Public Co Ltd | Myanmar | EPC Award |
| Absheron Offshore Gas and Condensate Field Development | 2,000 | ENGIE;State Oil Company of the Azerbaijan Republic;TotalEnergies SE | Azerbaijan | Execution |
| Aje Oil and Gas Field Development | 2,000 | ADM Energy Plc;Energy Equity Resources Ltd;First Hydrocarbon Nigeria Ltd;Jacka Resources Ltd;Lekoil Ltd;New Age Exploration Ltd;Panoro Energy ASA;Vitol Inc;Yinka Folawiyo Petroleum Co Ltd | Nigeria | Planning |
| Karish Natural Gas Field Development | 1,600 | Energean PLC;Kerogen Capital (Asia) Ltd | Israel | Execution |
| Tommeliten A Oil and Gas Field Development | 1,500 | ConocoPhillips (U.K.) Eta Limited;Conocophillips Norge;Eni SpA;PGNiG Norway AS;TotalEnergies EP Norge AS;Var Energi AS | Norway;United Kingdom | Planning |
| Jerun Gas Field Development | 1,500 | OMV Group;Sapura Energy Bhd | Malaysia | Execution |
| Ibhubesi Gas Field Development | 1,469 | Sunbird Energy Ltd;The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd | South Africa | Planning |
| Penguins Cluster FPSO Redevelopment | 1,413 | Shell plc | United Kingdom | Execution |
| Tortue Ahmeyim Offshore FLNG Development | 1,300 | BP Plc;Kosmos Energy Ltd;Petrosen;Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier | Senegal | Execution |
| North Sea Nova Oil Field Development | 1,200 | Agora Developments Ltd;Bayerngas Norge AS;Edison Properties LLC;Wintershall DEA Argentina SA;Wintershall Dea Deutschland AG | Norway | Execution |
| Fenja Oil Field Development | 1,200 | DNO International;Neptune Energy Norway AS;Suncor Energy Inc;Var Energi AS | Norway | Execution |
| Pegaga Gas Field Development | 1,000 | Mubadala Petroleum LLC;PETRONAS Carigali International Sdn Bhd;Sarawak Shell Bhd | Malaysia | Execution |
| Delta House 2 FPS Development | 1,000 | Murphy Oil Corp | United States | EPC Award |
| South White Rose Extension | 935 | Husky Energy Inc;Nalcor Energy Ltd;Suncor Energy Inc | Canada | Execution |
| West Madura Offshore Field Expansion | 869 | Kodeco Energy Co Ltd;PT Pertamina (Persero);PT Pertamina Hulu Energi West Madura Offshore | Indonesia | Design |
| Saldanha Bay Oil and Gas Service Facility | 853 | Transnet National Port Authority;Transnet SOC Ltd | South Africa | Execution |
The life of the White Rose field is expected to be extended through the development of the West White Rose satellite field.
Scarborough field, located in the Carnarvon Basin offshore Western Australia, is estimated to contain 11.1tcf of dry gas.
The White Rose expansion project’s satellite fields are located 350km east of Newfoundland and Labrador in Canada.
Matapal is an offshore gas project developed off the coast of Trinidad and Tobago in a water depth of more than 163m.
Thank you for subscribing to Offshore Technology
Asia to lead global xylene capacity additions by 2026
Global xylene capacity is poised to see considerable growth over the next five years, potentially...
Ukraine conflict highlights the issue of energy dependency
Russia’s invasion of Ukraine has opened the world's eyes to energy dependency as a geopolitical...
Exploration trends: Fossil fuels leads Twitter mentions in Q1 2022
Fossil fuels lead as Offshore Technology lists the top five terms tweeted on exploration in...
Cybersecurity and energy security are two sides of the same coin
Cybersecurity has never been more critical to oil and gas May 2022 marked the one-year...