Insight
Q1 2025 pre-FID project tracker: Slow start to 2025 ended by go-ahead for ADNOC and Shell mega projects
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Only three projects have received sanction in 2025 so far, but they represent over US$20 billion of committed investment and almost 2 billion boe of reserves. Overall in 2025, we expect over US$80 billion of capex and 10 billion boe of reserves is still possible to be sanctioned across almost 30 projects.
Table of contents
- Final investment decisions so far in 2025
- What to look for in 2025?
- About the tracker
Tables and charts
This report includes the following images and tables:
- Major project FIDs in 2025
What's included
This report contains:
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