English 
Francês 
Alemão 
Italiano 
Japonês 
Norueguês 
Portuguese 
Spanish 
2 min of reading 
US$ 214 Billion in Pipeline Project Investments Expected by 2025
According to research by Rystad Energy, greenfield capital expenditures (capex) exceeded the US$ 100 billion mark in 2022, which will be broken again in 2023. This will be the first breakout in two consecutive years since 2012 and 2013. The research shows that the offshore oil and gas sector will have “the largest growth in a decade over the next two years,” with a total of US$ 214 billion in project investments.
Rystad Energy also explains that offshore oil and gas activity is expected to account for 68% of all conventional hydrocarbons sanctioned in 2023 and 2024. It had been above 40% between 2015-2018, as global demand for fossil fuels remains strong and countries seek easily produced carbon sources.
Growth Forecast for the Offshore Services Market
New investments represent significant growth for the offshore oil and gas services market. With spending on supplies growing 16% in 2023 and 2024, there will be an annual increase of US$ 21 billion over the next decade. Thus, activities related to offshore platforms, vessels, storage, and subsea and floating production (FPSO) will see a massive surge.
-
Brazilian giant expands borders in the Southeast: Petrobras confirms new oil discovery in ultra-deep waters in the pre-salt of the Campos Basin.
-
Alert in the global energy market: Severe tropical cyclone hits the coast and disrupts gas production at major plants in Australia, threatening global supply.
-
Petrobras finds high-quality oil in the pre-salt at 113 km from RJ and reignites expectations about strategic reserves in the Campos Basin.
-
Ocyan opens registrations for startups focused on innovation in the oil and gas sector and will select projects for Innovation Day with the support of Nexio.
The Middle East stands out globally in growth of oil and gas investments. While US$ 33 billion is being spent this year, the 2025 figure will be US$ 41 billion. According to Rystad, these countries are leveraging their diverse offshore resources to meet the rising global demand for oil and gas, supported by the necessary capital and infrastructure to stay ahead of other producers.
Outlook for Oil and Gas Investments in Brazil
South America, the United Kingdom, and Brazil are not far behind the Middle East, as investments in the North Sea of the UK and Norway are also expected to rise in the next two years. According to Rystad, UK offshore spending is set to increase by 30% this year to US$ 7 billion. Meanwhile, Norwegian investments will reach US$ 21.4 billion, representing a 22% increase from 2022.
On the other hand, Brazilian investments in oil and gas are expected to reach US$ 23 billion this year, and investments from Guyana total US$ 7 billion. In North America, US offshore spending will reach US$ 17.5 billion and US$ 7.3 billion in Mexico.
Seja o primeiro a reagir!