GlobalData report noted that the decline was observed across most regions except China, where the M&A deal value in Q1 2022 more than doubled compared to Q4 2021
GlobalData
Posted inExploration & Production
China to lead Asia LNG regasification capacity additions through 2025, forecasts GlobalData
GlobalData identifies India to be the second-highest contributor to the global LNG regasification capacity additions with new build LNG regasification capacity additions of 3,062 bcf by 2025
China is expected to lead the Asia’s LNG regasification capacity additions, contributing 36% of the total LNG regasification capacity additions between 2021 and 2025, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Asia Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2021–2025 –China Dominates LNG Regasification Capacity Additions and Capex Spending in […]
Posted inProducts & Services
Tech-enabled asset management holds key for oil & gas upstream industry
Even though this involves some risk, tech-savvy businesses understand that today's investment can shower massive returns in the future
The upstream oil & gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation. Even though this involves some risk, tech-savvy businesses understand that today’s investment can shower massive returns in the future. Regardless of the asset type, the need of the hour is […]
Posted inProducts & Services
China to witness significant midstream project starts in Asia by 2025
Liquids storage projects would constitute around 29% of all midstream projects’ starts in China during the period 2021 to 2025
China is expected to commence the operations of 70 midstream oil and gas projects from 2021 to 2025, accounting for about 21% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – […]
Posted inProducts & Services
US to account for 65% of North American gas processing capacity additions by 2025
The US is expected to lead North America’s planned and announced gas processing capacity additions projects over the next 5 years , contributing approximately 65% of the regions gas processing additions by 2025, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Gas Processing Industry Outlook in Europe, North America, and […]
Posted inProducts & Services
India to account for 35% of midstream project starts in Asia by 2025
Transmission pipeline projects will constitute approximately 47% of midstream project starts in India between 2021 and 2025
India is likely to start the operations of 118 midstream oil and gas projects from 2021 to 2025, accounting for 35% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – Transmission Pipelines Dominate Global Midstream Project Starts’, […]
Posted inExploration & Production
Oil-producing countries could lose a combined $82bn a year due to gas flaring
Algeria, Iran, Iraq and Libya were counted among the biggest gas flarers globally
Gas flaring – the combustion of unwanted natural gas produced during oil recovery – is losing many oil-producing countries up to $82bn*, according to GlobalData. The data and analytics company notes that, even though technological solutions exist to avoid gas flaring, many countries persist with the activity, including developed countries such as the US and […]