Gazprom tops the list with estimated capex of US$170.2bn expected to be spent on 93 oil and gas projects globally. Sinopec and Shell follow with capex of US$88.9bn (69 projects) and US$84.5bn (107 projects), respectively.
In the upstream sector, Shell leads among companies with an estimated capex of US$60.6bn to be spent on 58 planned and announced production fields globally. Gazprom follows next with US$43.6bn to be spent on 28 upstream projects.
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