GlobalData
GlobalData

Oil & Gas

Asia set to contribute 72% of global purified terephthalic acid capacity additions by 2023, says GlobalData

Asia is set to contribute around 72% of the global purified terephthalic acid (PTA) capacity growth from planned and announced projects between 2019 and 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Purified Terephthalic Acid (PTA) Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All […]
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Oil and gas companies embracing virtual reality technology to enhance operations, says GlobalData

Oil and gas companies are analyzing operational data using virtual reality (VR) to enhance their decision-making capabilities, according to GlobalData, a leading data and analytics company. The company’s latest thematic report, ‘Virtual Reality in Oil & Gas’, explores the different ways in which oil and gas companies are deploying VR technology to fast-track the process […]
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Haynesville Shale expected to play crucial role in meeting future natural gas demand

The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future, considering the projected rise in demand for natural gas worldwide and the ensuing increase in the US liquefied natural gas (LNG) exports, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Haynesville Shale in the US, 2019’, […]
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Iran to lead global maleic anhydride capacity additions by 2023

Iran is set to drive capacity growth in the global maleic anhydride industry from planned and announced projects between 2019 and 2023. The country aims for these additions to represent around 59% of global capacity growth by 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Maleic Anhydride Industry Outlook to […]
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Petrobras set to drive global FPSO deployments by 2025

Petroleo Brasileiro (Petrobras) continues to dominate global floating production storage and offloading vessel (FPSO) deployments with operatorship in 15 planned and announced projects during the outlook period 2019 to 2025, according to GlobalData, a leading data and analytics company. The company’s report, ‘Q4 2019 Global FPSO Industry Outlook – South America Spearheads Global FPSO Deployments’, reveals that […]
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Asia set to contribute 56% of global new-build LNG regasification capacity growth by 2023, says GlobalData

Asia is expected to lead the global new-build Liquefied Natural Gas (LNG) regasification capacity additions from the planned and announced (new-build) projects. These additions are expected to contribute around 56% of the global new-build regasification terminals’ capacity during the outlook period 2019 to 2023, says GlobalData, a leading data and analytics company. The company’s report […]
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Hengli Petrochemical (Dalian) to lead global purified terephthalic acid capacity additions by 2023, says GlobalData

Hengli Petrochemical (Dalian) Co. Ltd. is expected to lead the global planned and announced purified terephthalic acid (PTA) capacity additions during the period 2019 to 2023, contributing around 22% of the global growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Purified Terephthalic Acid (PTA) Industry Outlook to […]
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US will contribute 73% of global LNG liquefaction capacity growth by 2023

The US is forecast to drive new-build, liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing around 73% of global new-build LNG liquefaction capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report ‘H2 2019 Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals – North American Companies Dominate Global Liquefaction Capacity Additions’ reveals that the US is expected to account for a new-build LNG liquefaction capacity of 156.9 million tonnes per annum (mtpa) from […]
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