2018 Wood Mackenzie Tokyo Upstream Forum

  • Tokyo, Japan
Over the past few years, oil companies have scrambled to reduce their cost base to remain afloat during the down-turn. Today, oil prices have recovered and we expect Brent to average US$75/bbl in 2018. The US$160bn of free cash flow generated this year by the 48 IOCs and NOCs covered by our Corporate Service serve as an indicator of the financial health for upstream companies, and most of our conversations with oil companies have begun to focus around growth and investment in the industry. They key questions remains, are oil prices expected to remain at current levels? If so, what are the opportunities and how should companies invest to ensure its portfolio remains resilient going forward? In our 2018 Tokyo Upstream Forum, we seek to address these key questions by conversing our outlook for the energy commodity markets, current industry trends and our views for one of most important supply regions in our world today, North America. Last but not least, no forum is complete without a discussion about the impending energy transition and its impact on the energy companies of today.


  • 06 November 2018

    • Registration

    • Welcome and Introduction

    • 1st session: Macro Environment

      • Oil markets: demand, non-OPEC supply, OPEC politics, escalating above ground risks
      • Longer term: EVs, peak oil demand, investment and cost of supply
      • Global gas: LNG demand, US supply, investment in new LNG capacity

    • 2nd session: North America Upstream

      • L48 supply growth, costs
      • Risks to the longer term growth
      • GoM, Alaska, Canada

    • Coffee Break & Networking

    • 3rd session:Upstream Industry Trends

      • Is the upstream industry investing enough?
      • The resurgence in exploration – is it here to say?
      • M&A – what are the opportunities?

    • 4th session: Energy Transition

      • Energy transition: changing energy mix, barriers and enablers
      • Wood Mackenzie Carbon Constrained Scenario
      • Corporate positioning in New Energy

    • Panel Discussion with Q&A

    • Networking Dinner& Drinks


If you are not a client please use the enquiry form at the top of this page to register your interest in attending.