Asia-Pacific upstream: 5 things to look for in 2019 Report

Insight 10 January 2019

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Report summary

Will Asia 's upstream sector finally emerge from the downturn in 2019? Despite some regional pockets of optimism in 2018, there's still a sense that recovery has yet to fully take hold in Asia-Pacific. However, rising demand, new exploration activity and a refresh of government policy should bring renewed confidence in the year ahead Five themes will signpost the recovery in 2019: - Drillers will return to high-impact exploration, with a focus on gas - A year of fewer major project start-ups and new investment decisions - A fast start for M&A activity, particularly in Southeast Asia - China gas consumption will slow, but will still achieve double digits growth - Regional geopolitics will again provide unexpected opportunities and threats for the upstream sector