There are 598 oil and gas projects planned to commence operations in the Middle East between 2022 and 2026. Over 51 percent of the forecast oil and gas projects are petrochemicals projects, at 290. By comparison, the Middle East oil and gas industry expects to have 140 midstream and 89 refinery projects to start operations in the period of consideration. In the period of consideration, the midstream sector is expected to be the leading sector among the oil and gas projects planned in North America and in Europe.
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Forecast number of oil and gas projects planned in the Middle East between 2022 and 2026, by sector
Characteristic
Number of projects
Upstream
79
Midstream
140
Refinery
89
Petrochemicals
290
Total
598
0100200300400500600700
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GlobalData. (January 2, 2022). Forecast number of oil and gas projects planned in the Middle East between 2022 and 2026, by sector [Graph]. In Statista. Retrieved June 26, 2025, from https://www.statista.com/statistics/1291358/number-of-oil-and-gas-projects-planned-outlook-in-the-middle-east/
GlobalData. "Forecast number of oil and gas projects planned in the Middle East between 2022 and 2026, by sector." Chart. January 2, 2022. Statista. Accessed June 26, 2025. https://www.statista.com/statistics/1291358/number-of-oil-and-gas-projects-planned-outlook-in-the-middle-east/
GlobalData. (2022). Forecast number of oil and gas projects planned in the Middle East between 2022 and 2026, by sector. Statista. Statista Inc.. Accessed: June 26, 2025. https://www.statista.com/statistics/1291358/number-of-oil-and-gas-projects-planned-outlook-in-the-middle-east/
GlobalData. "Forecast Number of Oil and Gas Projects Planned in The Middle East between 2022 and 2026, by Sector." Statista, Statista Inc., 2 Jan 2022, https://www.statista.com/statistics/1291358/number-of-oil-and-gas-projects-planned-outlook-in-the-middle-east/
GlobalData, Forecast number of oil and gas projects planned in the Middle East between 2022 and 2026, by sector Statista, https://www.statista.com/statistics/1291358/number-of-oil-and-gas-projects-planned-outlook-in-the-middle-east/ (last visited June 26, 2025)
Forecast number of oil and gas projects planned in the Middle East between 2022 and 2026, by sector [Graph], GlobalData, January 2, 2022. [Online]. Available: https://www.statista.com/statistics/1291358/number-of-oil-and-gas-projects-planned-outlook-in-the-middle-east/
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