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MENA upstream in brief

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The MENA upstream in brief provides Wood Mackenzie's expert opinion and analysis of the key events impacting the upstream industry in the Middle East and North Africa. We draw upon our upstream database and data tools to help deepen our clients' understanding of the region. The report primarily focuses on exploration and appraisal drilling, project developments, production, licensing, fiscal and regulatory changes, geopolitics, and corporate and M&A activity.

Table of contents

  • Syria restarts production from a key gas field
  • Oil price rally lifts Oman's revenues
  • US strikes on Larek Island and Trump's Kharg threat escalate Hormuz crisis
  • DNO makes counterbid for Capricorn Energy
  • Iran announces giant gas discovery in onshore southern region
  • Kuwait and Saudi Arabia push ahead with Dorra gas development despite geopolitical risks
  • Gulf oil supply rebounds in July, but declines again in August
  • Egypt doubles down on licensing with launch of two bid rounds
  • BP sells 57% stake in Kirkuk to ConocoPhillips and TPAO
  • ADNOC Gas takes FID on US$8.2 billion RGD Phases 2 and 3
  • Houthi attacks add pressure as Saudi onshore storage reaches war-time high
  • Houthi blockade undermines Saudi Arabia's Red Sea export lifeline
  • 338 more item(s)...

Tables and charts

This report includes the following images and tables:

    Oman’s oil revenues vs realised oil priceIran's crude oil production and inventory at Kharg islandDNO and Capricorn combined production and cash flows
    Gas fields in southern IranMap of the Offshore Partitioned ZoneProduction cuts for Gulf producers as of 16 AugustEGPC and EGAS 2026 bid round licences on offerSaudi Arabia onshore storage and utilisationCumulative 30-day production compared to select oil-prone US onshore playsSaudi monthly average crude oil exports (2026)Exports via the ITPFSRU capacity and LNG imports in Egypt
  • 280 more item(s)...

What's included

This report contains:

  • Document

    MENA upstream in brief

    PDF 143.98 MB

  • Document

    Mena Upstream In Brief Archive 2022 2023.pdf

    PDF 34.13 MB

  • Document

    Mena Upstream In Brief Archive 2017 2018 2019 2020 2021.pdf

    PDF 12.63 MB

  • Document

    MENA Upstream In Brief Archive 2024.pdf

    PDF 48.32 MB