With offshore gas production increasing by an impressive 50% since 2000, GlobalData statistics predict a capital expenditure of $186bn will be spent across the lifetime of the following ten largest global offshore gas projects.

These projects are aiming to produce 299 trillion cubic feet of natural gas, and the International Energy Agency projections indicate that the offshore energy industry is set to grow over the next 20 years – more rapidly than offshore oil.

The Middle East, Africa, Russia and Oceania are the locations for these upcoming projects, with Barzan, Qatar, predicted to have the largest peak production out of the top 10, at 5,580 million cubic feet per day (mmcfd).

In no particular order, here are the projects to look out for in 2019 and beyond….

Browse – Australia – Oceania

The Browse gas project had a rocky start, resulting in plans for onshore and floating LNG developments (estimated at $30bn to $45bn) being canceled, leaving the project in limbo.

However, in 2018, Woodside Energy announced they would develop the gas field to feed the North West Shelf plant (its own gas source is predicted to run dry in the 2020s), scheduling production for Browse to begin in 2025.

North Field Expansion – Qatar – Middle East

Qatar Petroleum’s North Field Expansion is scheduled to begin in 2023, and holds the largest number (56,558bcf) of remaining natural gas reserves of any upcoming offshore gas field in the world.

Qatar Petroleum announced in May 2018 the awarding of a detailed design contract to US firm McDermott International for offshore jackets for the expansion.

North Pars – Iran – Middle East

North Pars, within the Persian Gulf, is one of the largest independent gas fields in the world, and has remaining natural gas reserves of 35,382bcf.

The field is under development by the Pars Oil and Gas Company (POGC), a subsidiary of the National Iranian Oil Company (NIOC), and final studies for the development of North Pars, – equivalent to 3,600 million standard cubic feet per day (mmscf/d) – are underway.

Barzan – Qatar – Middle East

The Barzan project is a planned offshore gas development in Qatar. A $10bn venture between RasGas and ExxonMobil, it is projecting to deliver sales gas equivalent to 8% of Qatar’s current total gas production, with remaining natural gas reserves of 17,314.00bcf.

Barzan is set to see the largest anticipated peak production of any upcoming gas field in the world, at 5,580mmcfd.

South Pars Phase 13 – Iran – Middle East

The Phase 13 of the South Pars Gas Field is expected to become operational by late March 2019, aiming for a production of 56 million cubic meters of natural gas per day. Phase 13 has remaining natural gas reserves of 16,405bcf.

This project will consist of onshore facilities, 38 wells, four pipelines off the Persian Gulf and four platforms.

Mamba Complex (Area 4) – Mozambique – Africa

The Mamba Complex, also known as Area 4 and just off the coast of Mozambique’s Cabo Delgado Province, requires a floating LNG facility to be built in order to access the site’s gas reserves. Italian multinational Eni, has signed off on a $8bn facility (to be manufactured in South Korea) and aims to start production – worth $1.5bn – from 2022, and has locked in a 20 year purchase contract with BP.

Prosperidade – Mozambique – Africa

Prosperidade, a gas reservoir in Mozambique Offshore Area 1, includes several other reservoirs, including the Windjammer, Barquentine, Lagosta and Camarao sites.

Scheduled to begin production in 2029, the site holds remaining natural gas reserves of 31,570bcf.

Sakhalin-III (Kirinskoye South (Yuzhno-Kirinskoye)) – Russia

An oil and gas development project in Sakhalin Island, Russia, the majority of Sakhalin-III is under development by Russian natural gas giant Gazprom.

This development includes four blocks, East-Odoptu, Ayashsky, Veninsky and Kirinsky. Veninsky is under development by Venineft, a joint venture of Rosneft and Sinopec, while the other three fields are under the ownership of Gazprom.

Production in the Kirinskoye field began in 2014 and, according to Gazprom, Yuzhno-Kirinskoye is in the process of pre-development, aiming for a production start in 2023.

Golfinho-Atum Complex – Mozambique – Africa

Located in Mozambique Offshore Area 1, the Golfinho-Atum Complex is operated by Anadarko Petroleum, and has remaining natural gas reserves of 18,067bcf.

With a development plan for the site detailing an integrated onshore LNG project, this would be the first onshore LNG development in the South East African country, consisting of two LNG trains with a 12.88 metric tonnes per annum capacity. This development is hoped to be the start of future expansions.

South Pars Phase 11 – Iran – Middle East

Phase 11 of the South Pars Gas Field is due to be developed in 2021, by French oil and gas multinational Total – in collaboration with China National Petroleum and Iran’s state-owned firm Petropars – and has remaining natural gas reserves of 13,472bcf.

Phase 11 is set to be developed in two phases, with phase one comprised of 30 wells and two wellhead platforms, connected by two pipelines to existing onshore treatment facilities.

When looking at the world’s biggest upcoming projects offshore, there is no shortage of work. Our team at OSOS Global will be targeting the growing need for projects, preventative maintenance and shutdown teams across the globe.

We partner with your company to help you meet project and maintenance objectives on time and on budget, and specialise in providing teams of skilled workers matched individually to your project needs.

Talk to us today about your upcoming projects, or contact us if you have experience in onshore / offshore oil and gas and we will match you with the right project.