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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.

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    Caspian Upstream: what to look for in 2015

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  • Key events in the Caspian in 2015

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