Opinion
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Middle East and North Africa upstream: 5 things to look for in 2024
Predictions for the year ahead
1 minute read
Martijn Murphy
Principal Analyst, North Africa Upstream
What's inside this year's report?
Following COP28, we expect an enhanced focus on clean energy strategies in the MENA region. There is also a growing desire for international expansion by domestic NOCs. And despite projected gas production growth, oil output will continue to be curtailed by OPEC+ voluntary cuts.
Powered by Lens Upstream, in this report we highlight five key themes to watch in 2024, including:
- Oil production: what will be the impact of the OPEC+ curtailments?
- Gas production: where do we expect the largest increases in 2024?
- Exploration and licensing: what are the key wells and licensing rounds?
- And more.