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Oil & Gas

Asia leads global LNG regasification industry with 63% capacity growth from new-build projects by 2023, says GlobalData

Asia is expected to lead the global LNG regasification industry capacity growth from new-build (planned and announced) projects between 2019 and 2023 with 63% share, according to GlobalData, a leading data and analytics company. The company’s report ‘Global LNG Regasification Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating […]
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Large volumes of LNG exports from Argentina far from being reality due to production not meeting demand

Vaca Muerta has been seen by multiple governments in Argentina as an engine for economic growth, creating expectations that almost never correspond to reality, says GlobalData, a leading data and analytics company. In the last five years, operating projects have made significant technical improvements in well productivities through longer laterals and more fracking stages. However, […]
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Substantial oil resources to be unlocked in Norway through increased recovery projects

Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics company. Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, comments: “Field expansion projects in Norway remain competitive against ongoing planned greenfield developments, and are projected to unlock vast reserves at […]
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Upstream sector emerging as the epicenter for Industrial Internet adoption

The upstream sector is witnessing comparatively more implementations of the Industrial Internet compared to other oil and gas sectors. This is driven by the need to reduce operational risks and maximizing returns from their assets through digitalisation, according to GlobalData, a leading data and analytics company. The company’s latest thematic report: ‘Industrial Internet in Oil […]
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China and Nigeria to propel capacity growth in the global refinery crude distillation units industry to 2023

China and Nigeria are expected to be the major contributors to the global refinery crude distillation unit (CDU) industry capacity growth from new-build and expansion projects between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Refinery Crude Distillation Units (CDU) Outlook to 2023 – Capacity and Capital […]
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