Insight
Class of 2025: benchmarking this year's upstream FIDs
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Major project FIDs in 2025 will remain suppressed as cost discipline and global uncertainty lingers. Fewer major projects are in the running to take FID in 2025 than previous years, but we expect a higher proportion of these 33 will proceed. In total, up to US$110 billion of investment and 14 billion boe could be sanctioned in 2025. NOCs in the Middle East will again sanction the largest projects by reserves and capex. But the Majors, especially Eni, will also be busy.
Table of contents
-
Executive summary
- Major project FIDs in 2025 will remain suppressed as cost discipline and global uncertainty lingers
-
Slides and key messages
- Summary and context
- Project economics
- Emissions and decarbonisation
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Insight
Class of 2026: benchmarking this year's upstream FIDs
We benchmark the major oil and gas projects seeking FID in 2026 on economic and emission metrics.
$6,750
Country Report
Global alumina refinery asset cost summary
The Global Alumina Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Asset Report
Malacca Strait
Malacca Strait PSC consists of several coastal, primarily mature oil fields in Riau Province.
$3,720
