Global oil & gas upstream activities market to grow at CAGR of 26.6% to $3,335bn in 2021

The global oil and gas upstream activities market is expected to grow at a compound annual growth rate (CAGR) of 26.6% from $2,635.45bn in 2020 to $3,335.52bn in 2021, according to the “Oil & Gas Upstream Activities Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report released by Research & Markets.

Major companies in the oil and gas upstream activities market include Saudi Aramco; Rosneft; Kuwait Petroleum Corporation; ADNOC; and the Iraq Ministry of Oil, the report states.

Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.

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