Insight
Q4 2024 pre-FID project tracker: Shell wraps up year with Bonga North FID
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Twenty-one projects have received sanction in 2024, representing around US$75 billion of committed investment and over 9 billion boe of reserves. While the number of FIDs is similar to 2023, committed capex is down nearly 40%. In 2025, we expect up to 30 projects will take FID. Comprising of almost US$100 billion of capex and over 11 billion boe.
Table of contents
- Final investment decisions in 2024
- What to look for in 2025?
- About the tracker
Tables and charts
This report includes the following images and tables:
-
Major project FIDs in 2024
What's included
This report contains:
Other reports you may be interested in
Asset Report
Athabasca Oil Sands Project
The Athabasca Oil Sands Project (AOSP) is located in the Athabasca oil sands region in northeastern Alberta. AOSP currently consists of ...
$6,900
Insight
Q3 2025 pre-FID project tracker: Majors top-up project pipeline despite capital discipline
Our Q3 2025 outlook for global pre-FID upstream projects.
$6,750
Insight
North Sea upstream electrification tracker: Q4 2024
Over 40 active and future electrification projects are tracked across Norway, the United Kingdom and the Netherlands.
$1,350
