Insight
The Middle East – global hotspot for resource capture?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
An enormous set of oil and gas discovered resource opportunities (DROs) will be available to international companies through licensing over the next five years. The scale of the resource could transform company portfolios and boost global oil and gas supply by over 5 million boe/d next decade. Iraq, Iran, UAE and Qatar are all positioning for international investment. Over US$100 billion of investment is needed in these projects over the next decade.
Table of contents
- Executive summary
-
Oil market realities are driving new relationships in the Middle East
- Host government/NOC drivers are changing
- Competition for new opportunities will vary by country, resource theme and project maturity
- Terms will remain harsh for conventional opportunities
- But harsh terms can lead to sub-optimal outcomes
- Relationships are shifting east but Big Oil will still have a key role
-
60 billionboeof Middle East opportunities available
- Developed assets – something for everyone
-
Majors will take the lead on the biggest and best opportunities
- Asian NOCs are likely partners
- Only a select group of others can bring capital and expertise
- Outlook
Tables and charts
This report includes the following images and tables:
- Middle East discovered resource opportunities
- DRO by hydrocarbon type
- DRO by resource theme
- Gross hydrocarbon production from DROs
- Oil and gas as a share of government revenue
- Fiscal breakeven
- Key developed projects
- 2017 production for developed assets
- Key undeveloped projects
What's included
This report contains:
Other reports you may be interested in
Asset Report
Jebel Ali
A detailed analysis of the Dubal aluminium smelter.
$2,250
Asset Report
Bahrain LNG - LNG regas terminal
Bahrain LNG terminal began operations in May 2025 after five-year delay. Bahrain Spirit FSU traded as carrier from 2020 to 2025.
$1,450
Market Report
EMEA electric vehicle charging infrastructure Forecasts - Q3 2025
This dataset captures electric vehicle charging infrastructure data and forecasts as of Q3 2025.
$5,990
