Insight

Asia Pacific upstream: 5 things to look for in 2024

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Asia Pacific's upstream future is focused on gas. And 2024 will be another year in which operators, regulators and governments intensify their pursuit of new sources of gas. We highlight how exploration, legislation and corporate strategy will be driven over the next 12 months largely by this singular focus. This includes looking at the key exploration wells to be drilled, the big project FIDs that will progress (and those that might struggle), expected regulatory changes and where we expect M&A activity to flare-up next.

Table of contents

  • Executive summary
  • 1. Aggressive exploration, but will it translate to new production?
  • 2. It’s complicated – 2024 APAC FIDs in a nutshell
  • 3. Regulatory and fiscal change – more coming
  • 4. Who will lead the CCS race in 2024?
  • 5. M&A to drive new developments
  • What to look for in 2024 – a regional upstream series

Tables and charts

This report includes 2 images and tables including:

  • APAC fields targeting 2024/2025 FID
  • 2024 upstream scope 1 and 2 emissions by country

What's included

This report contains:

  • Document

    Asia Pacific upstream: 5 things to look for in 2024

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