The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
Middle East Africa oil and gas supply demand outlook report from OG Analysis provides detailed outlook of global, regional and country wise forecasts to 2025. Over 60% of new production from Middle East is expected to originate from Iraq. Iran, Kuwait and UAE will also contribute significantly to incremental production capacity from the region. Though the short term production is constrained by OPEC decision to restrict output, long term forecast remains optimistic for the region.
African production on the other hand, will increase strongly driven by investments in deep water exploration areas. In particular, Nigeria and Angola are set to witness strong surge in investment in offshore acreage.
Further, the report also focuses on planned capital expenditures of leading 10 companies to provide insights into the future of global oil and gas market investments and new areas of development.