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Q1 2021 pre-FID upstream project tracker: Qatar's new LNG giant makes a splash

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11 February 2021

Q1 2021 pre-FID upstream project tracker: Qatar's new LNG giant makes a splash

Report summary

It was no surprise that 2020 was a meagre year for upstream FIDs. But a flurry of project sanctions in December took the final tally into double figures. And 2021 has started with a bang as Qatar Petroleum approved the largest single LNG project in history. Integrated gas and deepwater oil projects will continue to drive upstream investment through the coming year. However, the industry is still burning from the scars of 2020 and the pace of recovery remains uncertain.

Table of contents

  • 2020 in numbers
    • First six weeks of 2021 almost eclipse whole of 2020 after FID of Qatari megaproject
    • December saw a flurry of FIDs
  • Key projects to watch in 2021
  • About the tracker

Tables and charts

This report includes 5 images and tables including:

  • Number of major project FIDs by year
  • New committed capex by year
  • 2021 major project FIDs
  • Committed capex by resource theme
  • Sanctioned reserves by region

What's included

This report contains:

  • Document

    Q1 2021 Pre FID Upstream Project Tracker (SLIDES)

    PDF 1.28 MB

  • Document

    Q1 2021 Pre FID Upstream Project Tracker

    XLSX 176.30 KB

  • Document

    Q1 2021 pre-FID upstream project tracker: Qatar's new LNG giant makes a splash

    PDF 1.14 MB