Global Oil & Gas Investment to Hit $1.2 Trillion in 2026; Deepwater & Intelligent Drilling Top Investment Priorities
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The International Energy Agency (IEA) released the World Energy Investment Report 2026. Persistent geopolitical instability in the Middle East has spurred nations to speed up energy diversification. Global upstream oil and gas investment is set to reach $1.2 trillion in 2026. Leading energy corporations worldwide are boosting capital expenditure on deepwater exploration, high-precision 3D seismic surveys, intelligent digital drilling and smart reservoir reconstruction. Offshore oil and gas investment accounts for 70% of total upstream spending, with deepwater projects in Brazil, Guyana and West Africa being fast-tracked. The industry has shifted away from unfocused capacity expansion toward tech-enabled efficient exploration and production, cutting reliance on Middle Eastern supply and reshaping the global energy supply landscape.
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Weihai Sunfull Geophysical Exploration Equipment Co.,Ltd
No. 1517-7, Hexing Road, High-tech Industrial Development Zone, Weihai City, Shandong Province, China