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Sector Analysis
Top Oil and Gas Companies Planned Projects and Capital Expenditure Outlook in Africa – Eni, Sonatrach, and Nigerian National Petroleum Lead in Oil and Gas Capex
In Africa, Eni SpA, Sonatrach SPA, and Nigerian National Petroleum Corporation (NNPC) are the top spenders in terms of new build capex to be spent on planned and announced projects across oil and gas value chain by 2025. In the upstream sector, Shell leads among companies with the highest capex of US$20.9 billion during 2018 to 2025. NNPC will be the major spender in midstream sector, primarily focusing on oil and gas pipelines. In the LNG liquefaction segment, Exxon Mobil...