Insight
Asia Pacific upstream: 5 things to look for in 2023
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Report summary
All eyes in Asia Pacific will be on the policy makers and regulators in 2023, with developments in this area impacting all of our five key themes for the year. We expect exploration activity to be modest with fewer E&A wells drilled as explorers focus instead on licensing rounds. After a quiet 2022, four major FID’s are slated for the end of 2023 – will they all come in? Read on for our views on what will impact APAC upstream in 2023 : • Fiscal and licensing: bid rounds back in rhythm, but terms need further tuning. • Where have all the wildcats gone? • Can Asia-Pacific deliver the big 2023 FIDs after a quiet 2022? • Asia Pacific CCS starts to deliver in 2023 • The new landscape of late-life CCS and delayed abandonment
Table of contents
- Executive summary
- 1. Bid rounds are back, but terms need tuning
- 2. Where have all the wildcats gone?
- 3. Can Asia Pacific deliver the big 2023 FIDs after a quiet 2022?
- 4. Asia Pacific CCS starts to deliver in 2023
- 5. The new landscape of late-life CCS and delayed abandonment
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What to look for in 2023 – a regional upstream series
- Global
- Regional
Tables and charts
This report includes 3 images and tables including:
- Perth Basin
- Potential 2023 FID projects, by capex, breakeven and resource size
- Upcoming upstream & gas processing CCS projects
What's included
This report contains:
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