Asia-Pacific Upstream: what to look for in 2015

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23 January 2015

Asia-Pacific Upstream: what to look for in 2015

Report summary

The low oil price will act as a negative backdrop affecting E&P activity across the entire value chain from exploration to monetisation.  However, we expect several positive developments on the political and fiscal front, which will not only act to soften the blow but also renew interest in Upstream exploration in the region.  

Table of contents

    • US$50 oil dents corporate cash flow and delays pre-sanction projects
    • A slow start to Asia-Pacific M&A in 2015
    • Fiscal incentives help soften the blow of oil price drop
    • Jokowi turns the tide for Indonesia's E&P industry
    • Progress on Thailand-Cambodia Overlapping claims area (OCA)
    • First wave of Australian LNG comes onstream, but at what cost?
    • India gas price decision – a key indicator for the industry
    • Divestment difficulties set to continue for Chevron, Apache
    • NDRC completes gas price reforms
    • Exploration slows down, but pinnacle reef prospects perform for Malaysia

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