Insight

Q2 2026 pre-FID project tracker: FPSO projects dominate the quarter’s committed investment

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Fifteen projects have been sanctioned in the first half of 2026. Representing almost US$70 billion of committed investment and over 10 billion boe of reserves. Eni and Azule Energy have committed to FPSO projects in Côte d’Ivoire and Angola respectively. While in Brazil, Petrobras has also made a final investment decision for two FPSOs at the Sergipe-Alagoas deepwater project. Up to 15 further projects could be sanctioned by the end 2026. In total we expect just over 25 to be sanctioned.

Table of contents

  • 2026 final investment decisions so far
  • What does the rest of 2026 look like?
  • About the tracker

Tables and charts

This report includes the following images and tables:

    Sanctioned and potential FID of major projects by country, theme and operator

What's included

This report contains:

  • Document

    Q2 2026 Pre FID Upstream Project Tracker.pdf

    PDF 822.03 KB

  • Document

    Q2 2026 Pre FID Upstream Project Tracker.xlsx

    XLSX 282.77 KB