Insight
MENA upstream in brief
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The MENA upstream in brief provides Wood Mackenzie's expert opinion and analysis of the key events impacting the upstream industry in the Middle East and North Africa. We draw upon our upstream database and data tools to help deepen our clients' understanding of the region. The report primarily focuses on exploration and appraisal drilling, project developments, production, licensing, fiscal and regulatory changes, geopolitics, and corporate and M&A activity.
Table of contents
- Middle East storage inventories rise sharply as renewed export disruptions force production shut-ins
- Growing Houthi threat puts Saudi Arabia's Red Sea export lifeline under pressure
- Genel Energy agrees to buy Capricorn Energy
- Drilling rig attacked in Kuwaiti waters
- Maritime security and tanker availability remain the key risks to Gulf oil recovery
- UCC Holding signs EPSA for Libya's Area 47
- Israel launches 5th Offshore Bid Round
- Genel Energy agrees to buy Capricorn Energy
- Chevron signs confidentiality agreement for West Qurna 2
- New beginnings - HKN Energy enters Federal Iraq
- OQ signs three agreements with Turkish TPAO for Block 80
- Ratio Petroleum acquires Pharos Energy for US$164 million
- 311 more item(s)...
Tables and charts
This report includes the following images and tables:
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Middle East onshore crude storage*Exports from Gulf countries (including Iran)Kuwait offshore exploration campaign
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Production cuts for Gulf producers as of 7 July 2026Area 47's production and capital costsIsrael 5th Offshore Bid RoundNet production for Genel Energy and Capricorn by country*Hamrin field and neighbouring facilitiesOman: Open and On-Offer acreageProjected gas output from the Bab gas cap projectMAKK Area mapMap of development areas
- 258 more item(s)...
What's included
This report contains:
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