In North America, the US Gulf of Mexico (US GoM) is set to continue to dominate offshore capex and the number of fields coming onstream (65%). The largest number of developments expected to require investment in the US GoM are anticipated to be situated within water depths of more than 1,000 m/3,281 ft (81%). Australasia and the Middle East are expected to continue to see the lowest number of fields to come onstream. Fields located off Australia’s northwest coast will be the main source of offshore activity in Australasia. Some fields will be tied back to onshore LNG export facilities, such as INPEX’s Ichthys gas field, which have increased in number over recent years due to the country’s ambition to become a major exporter of LNG. Australia will also see one of the world’s first FLNG projects start operations, Shell’s Prelude FLNG project in the Browse basin.
- George Griffiths, Senior Energy Researcher, Infield Systems