Upcoming IIR Webinar to Discuss 2022 Oil & Gas Spending Outlook

Researched by Industrial Info Resources (Sugar Land, Texas)--The world's oil & gas demand is expected to return to pre-COVID levels in 2022; does this mean that project spending will follow? Industrial Info is pleased to be presenting a complimentary webinar on the outlook for the Oil & Gas Industry at 10 a.m. CDT (11 a.m. EDT) on Wednesday, September 15.

Industrial Info is tracking $820 billion worth of projects in the Terminals, Pipelines and Production industries that are planned to kick off in the remainder of this year through 2022, including more than $244.5 billion worth in North America. How much of this spending will actually come to pass, and what types of projects will we see?

Click on the image at right for a breakdown by world region of active oil & gas projects set to kick off for the remainder of this year through 2022.

Last year brought unprecedented changes to the industry, resulting in the reevaluation of billions of dollars' worth of projects, some of which have been cancelled, others of which were pushed out until market conditions improved, while some proceeded as planned.

Our industry experts will discuss, among other things, which world regions are expected to see a rebound in oil and gas activity, and how the global energy transition will impact capital spending over the next 24 months.

The panel of three industry experts will include analysis across the Terminals, Pipelines and Production industries, with a deeper dive into niche areas, including liquefied natural gas (LNG) production and regasification. For example, last year, only one 3.25 million-ton-per-year North American LNG project received a positive financial investment decision (in Mexico), while Qatar Gas (Doha) gave the go-ahead for the construction of four 8 million-ton-per-year trains at its Ras Laffan plant, construction of which is set to kick off this year. How will movement such as this affect future market trends and spending? Subscribers to Industrial Info's Global Market Intelligence (GMI) can click here for the Mexico project and here for the Qatar project.

We hope that you are able to join us for this timely and informative webinar! Click here to RSVP.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.