Global Oil and Gas Project Pipeline Reaches $3.8tn, Impacts Construction Industry
GlobalData reports that the global oil and gas project pipeline is valued at $3.8tn, with a significant portion in late-stage development. This suggests a shift toward more selective investment and tighter contracts for construction firms. Capital expenditure is expected to reach $568.1bn in 2026, reflecting a cautious industry approach.
Topics: construction geopolitics investment_trends oil_and_gas