Oil and Gas Project Management Statistics 2023
– Everything You Need to Know

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Oil And Gas Project Management Statistics 2023: Facts about Oil And Gas Project Management outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Oil And Gas Project Management, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

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Top Oil And Gas Project Management Statistics 2023

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Oil And Gas Project Management “Latest” Statistics

  • Currently, the process of extracting oil and gas from the ground and delivering it to customers accounts for 15% of all worldwide GHG emissions connected to energy.[1]
  • Currently, major corporations spend an average of 5% on initiatives outside of the main oil and gas supply, with solar PV and wind energy seeing the highest investments.[1]
  • In the absence of any investment greater than any conceivable reduction in global demand, production from current fields falls at a pace of around 8% per year.[1]
  • low carbon fuels would have to represent around 15% of all fuel supply investments within 10 years.[1]
  • Lowering development time alone might result in cost reductions of between 15 and 30% for O&G firms.[2]
  • 63% of the sample is selected engineering project managers employed in the oil and gas sector.[3]
  • According to the international energy agency, the oil and gas industry is expected to receive investments totaling $3 trillion over the next 25 years.[3]
  • Approximately 90% of oil and gas practitioners polled believe that knowledge transfer via internal or external expertise is the primary means through which sustainability in project management would be implemented.[3]
  • In the oil and gas industry, more than 53% of the sample’s respondents have postgraduate degrees, and 34.4% have bachelor’s degrees.[3]

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Reference


  1. iea – https://www.iea.org/reports/the-oil-and-gas-industry-in-energy-transitions
  2. mckinsey – https://www.mckinsey.com/industries/oil-and-gas/our-insights/how-the-oil-and-gas-industry-can-improve-capital-project-performance
  3. pmi – https://www.pmi.org/learning/library/sustainability-project-management-perspective-8954

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