Global oil and gas production is expected to increase by 2.6 percent to 2021, according to GlobalData estimates.

A total of 432 planned projects are expected to start production globally by 2021. Among regions, Asia leads with the highest number of planned projects, followed by Africa, and Europe.

Most recently Africa has added three projects to its planned expansion, with two announced and one producing fields unveiled in June. The two announced fields, Golfinho-Atum Complex and Mamba Complex, are in Mozambique, while the producing field, Mboumba, is in Gabon.

While the likes of North America still dwarf Africa by total planned projects, Africa is adding projects rapidly and will continue to do so right through until 2021.

Source: GlobalData

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.