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Australasia upstream: 5 things to look for in 2021

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02 December 2020

Australasia upstream: 5 things to look for in 2021

Report summary

After a year of change and uncertainty, the Australasian upstream sector will be back with a vengeance in 2021. So, what are we looking for? Operators in the region will continue to respond to the energy transition. Reducing carbon emissions will be front of mind as operators announce new projects and ambitious targets. Investment will be return after a lean year. A fresh round of FIDs will be led by LNG developments. The Australasian corporate landscape will also change with the majors and large IOCs considering their role in the region. We expect M&A will rebound next year, with at least one high-value asset changing hands. The east coast market will also feel the far-reaching consequences of an LNG import terminal being sanctioned.

Table of contents

  • 1. The energy transition is front of mind.
  • 2. Investment will return: LNG FIDs lead the way
  • 3. M&A logjam breaks
  • 4. The corporate landscape is changing
  • 5. East coast gas market: the largest exporter sanctions an import terminal
  • What to look for in 2021 – a regional upstream series

Tables and charts

This report includes 4 images and tables including:

  • Australasian carbon reduction and upstream projects
  • Australasia upstream projects pre-FID annual capex
  • Australasia upstream buyer types
  • Beetaloo exploration and appraisal timeline

What's included

This report contains:

  • Document

    Australasia upstream: 5 things to look for in 2021

    PDF 1.46 MB