MENA upstream: what to look for in 2016
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
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Top events to watch
- Sanctions to be lifted on Iran, Saudi to maintain production output
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Progress at major projects
- Wasit Gas Project to come online
- ADCO negotiations to continue
- Al Shaheen to be awarded by year-end
- Eni to sanction the Zohr project
- Progress at Leviathan, but no FID in 2016
- Gas exports from the Kurdistan Region of Iraq to be sanctioned
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Geopolitics
- Iraq/KRG relationship status quo, IS occupation to continue
- Yemen conflict will continue to affect production
- Impasse on the Partitioned Neutral Zone
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Corporate activity
- Disposals likely as Shell/BG deal concludes
- Distressed companies to start selling out of Kurdistan/Egypt
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Fiscal
- Oman to increase corporate tax on LNG producers
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Exploration
- Exploration will remain suppressed, with the exception of the East Mediterranean
- Wood Mackenzie builds presence in the Middle East
Tables and charts
This report includes the following images and tables:
- Key events to look for in MENA in 2016
What's included
This report contains:
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