Name: Q3 2020 pre-FID upstream project tracker: FIDs in Russia provide global outlier
Brand: Wood Mackenzie
SKU: 131781
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Author: Wood Mackenzie

Insight 06 August 2020

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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It is turning out to be a slow year for project FIDs, as expected, after the oil price crash. Only five major projects were sanctioned through H1 2020, two of those were in Russia. Many projects have been pushed to 2022 and beyond. In the current environment, only the most financially strong companies are likely to contemplate significant new investment and only the most advanced strategic projects will go ahead.</div>
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        <li class="list__item push-quarter--bottom">Major projects (more than 50 mmboe reserves) sanctioned to date in 2020 by country, theme and operator</li>
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<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Q3 2020 pre-FID upstream project tracker.pdf</p>
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    <span>1.19 MB</span>
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<p class="font-regular" >Q32020_FID_Tracker.xlsx</p>
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