Low oil prices: where next for the Australasian upstream sector

1 minute read

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.

Wood Mackenzie's Australasian team hosted 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?

Fill in the form on this page to play the webinar recording.

Webinar recording