Middle East and North Africa upstream: 5 things to look for in 2025
Predictions for the year ahead
1 minute read
Gavin Young
Principal Analyst, Middle East Upstream
Gavin Young
Principal Analyst, Middle East Upstream
Gavin brings more than a decade of industry experience in exploration, new ventures, corporate strategy and valuations.
Latest articles by Gavin
-
Opinion
Middle East and North Africa upstream: 5 things to look for in 2025
-
Opinion
ADNOC acquires stake in Rovuma LNG from Galp
Gavin Young, Alexandre Araman, Martijn Murphy, Dalia Salem, Eimhear Sheehan, Ali Nabizadeh, Saurabh Ranade, Kushal Shah, Satwik Sharma and Kandace Persad
MENA's upstream sector is gearing up for a year brimming with opportunity and challenge. Robust investment is set to put considerable strain on the supply chain, with rising costs and delays anticipated. High-profile exploration wells in Oman, Egypt and Kuwait are eagerly anticipated, and Algeria and Libya are poised to complete their first bid rounds in over a decade.
Powered by Lens Upstream, in this report we share our take on five key themes to watch in 2025, including:
- Algeria and Libya bid round success: a long-awaited return to competitive offerings.
- Deepening gas deficits: widening shortfalls in Iraq, Iran, and Egypt?
- Market turbulence from "Trump 2.0"?
- And more.