Australia’s upstream sector was set for a bumper year in 2020. We expected a ramp-up of LNG supply, billions of dollars of new upstream investment, and plentiful growth opportunities via exploration and M&A.
But everything changed. The double impact of the coronavirus and the oil price crash has swept through the industry. Upstream operators are in a fight for survival.
Join Wood Mackenzie's Australasian team for a live webinar discussing what happens next and why, including:
- How the investment outlook has changed
- The big reset of pre-FID project timelines, and what it all means
- Do low prices present an M&A opportunity?