| |
7 Pages

Global upstream: what to look for in 2016

Global upstream: what to look for in 2016

Report summary

2016 will be challenging for the upstream industry as companies struggle through the oil price cycle. Capital budgets will be further cut and only the most robust, or strategically important, new projects will get the green light.  Opportunities will still exist despite the tough environment with new regions opening up and M&A opportunities aplenty.  

What's included?

This report includes 1 file(s)

  • Global upstream: what to look for in 2016 PDF - 347.92 KB 7 Pages, 0 Tables, 1 Figures


This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive Summary
  • Europe, Middle East, Africa, Russia & Caspian
    • Sanctions lifted on Iran, Saudi to maintain production output
    • Eni to sanction the Zohr project
    • Sub Sahara Africa market awash with sellers, but where are the buyers?
    • Production to stagnate in Nigeria and Angola as investment cuts bite
    • Caspian: a year headlined by FID for Tengizchevroil Future Growth Project (FGP)
    • Russia - output to remain robust
    • North Sea activity to fall and fields at risk
    • M&A activity to pick up in Europe
  • Americas
    • Open season for drawing down DUCs
    • US GoM deepwater production will hit an all-time high, while smaller players will surprise with their strength
    • Canada LNG is a go
    • Exploration offshore Canada impresses
    • Mexico's deepwater round will be a success
    • Petrobras will not hit its US$15.1 billion divestment target by year end
  • Asia Pacific
    • No Australian LNG FIDS in 2016
    • Gorgon LNG – nearly there
    • China unconventionals – shale investment continues
    • China's 13th five year plan - upstream oil and gas reform expected
    • Fiscal reform – the dialogue begins
    • M&A is back – non-core divestment by the Majors

In this report there is 1 table or chart, including:

  • Executive Summary
    • What to look for in 2016
  • Europe, Middle East, Africa, Russia & Caspian
  • Americas
  • Asia Pacific
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.