Class of 2024: benchmarking this year's upstream FIDs

Get this report*


You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Project economics will rebound as Majors priortise advantaged deepwater resources. We expect around 30 projects will reach FID in 2024, up from just 24 in 2023. With many projects delayed or postponed, we expect operators to commit to more projects in 2024 than last year. In total, up to US$125 billion of investment and 14 billion boe could be sanctioned in 2024. NOCs in the Middle East will sanction the largest projects, but the Majors will also be busy.

Table of contents

Tables and charts

This report includes 10 images and tables including:

What's included

This report contains:

  • Document

    Class Of 2024 Benchmarking This Year's Upstream Fids.pdf

    PDF 832.27 KB