Insight
Global upstream: what to look for in 2016
This report is currently unavailable
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.
Table of contents
- 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
Tables and charts
This report includes 1 images and tables including:
- What to look for in 2016
What's included
This report contains:
Other reports you may be interested in
Insight
Lithium and cobalt: what to look for in 2019
In this report we look at some of the key events of 2018, and what to expect this year in the lithium and cobalt sectors.
$1,050
Insight
China's commodity markets: 5 things to look for in 2017
We look ahead to what 2017 could have in store for China's commodity markets and discuss five factors that could surprise the markets.
$950
Insight
Russia and Caspian upstream: 2022 in review
Russia’s invasion of Ukraine upended the state of play across the region. How did the upstream sector respond to heightened risks?
$1,350
