Insight
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
-
Recent FIDs
- 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:
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