Insight
Asia-Pacific upstream: 5 things to look for in 2017
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Report summary
After a quiet 2016, we expect 2017 to be an interesting year for the region. The key drivers will be: M&A rebounds as Majors sharpen portfolios and new types of buyer emerge Investment cuts slow, but overall levels stay down due to a weak pre-FID pipeline. Decommissioning becomes a hot topic Appraisal-led activity main focus for explorers, with Myanmar a potential wildcat bright spot Focus on fiscal reform grows: Regulators see the need but will find it hard to justify incentives LNG imports to grow four-fold over next decade, impacting regional market dynamics
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- Asia-Pacific upstream: 5 things to look for in 2017
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