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Caspian Upstream: what to look for in 2015
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Report summary
The low oil price and Russia's economic turmoil will make 2015 a year of great uncertainty for the Caspian region. State budgets will have to adjust to lower revenues, operators will optimise expenditure and exploration activity will remain at a low level. However, despite this tough outlook, production at the megaprojects will increase, M&A activity will stay high and the Southern Gas Corridor will enter the construction phase.
Table of contents
- Caspian economies at threat
- Pre-sanction projects and exploration expenditure hit hardest
- Licensing activity will remain low
- The final countdown begins for the Southern Corridor
- Buyer's market will emerge in Central Asia
- The megaprojects to the rescue
- Wood Mackenzie's Caspian Upstream Service celebrates its 20th anniversary
Tables and charts
This report includes 1 images and tables including:
- Key events in the Caspian in 2015
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