Middle East and North Africa upstream: 5 things to look for in 2023
Predictions for the year ahead
1 minute read
What's inside this year's report?
Buoyed by high prices and swelling NOC coffers, investment will ramp up in 2023. Spending will be heavily skewed to gas and LNG developments. Gas will also be emphasised in exploration throughout the region as governments capitalise on high prices and the longer-term shift away from Europe’s dependency on Russia.
Carbon reduction and sustainability will be dominant themes.
Powered by Lens Upstream, in Middle East and North Africa upstream: 5 things to look for in 2023, we highlight the five main regional trends to watch.
This includes:
- After a year of political stasis, Iraq’s energy sector is ready for action
- Focused portfolio rationalisation will increase asset churn
- And more.
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