Oceania Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies, 2023-2027

Oceania Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies, 2023-2027
Summary

The Oceania region is made up of three countries Australia, Papua New Guinea, and New Zealand. The crude, condensate, and natural gas production from active and planned fields are expected to see a decline of 377 thousand barrels of oil equivalent per day (mboed), from 3,070 mboed in 2023 to 2,693 mboed in 2027. This is most likely attributed to the natural decline in producing fields, coupled with the shift from fossil fuels to renewable energy. However, in 2027 the region is to see a boost in production of 545 mboed, from the announced and planned fields.

ScopeOceania oil and gas production outlook by key countries, and key companies for the period 2023-2027Oceania new projects capital expenditure outlook by key countries, key companies, field terrain and facility type for 2023-2027Major projects count by key countries, field terrain, and facility typeDetails of key upcoming crude and natural gas projects in the regionReasons to BuyUnderstand Oceania's oil and gas production outlook during the period 2023-2027Keep abreast of key upcoming production projects in Oceania during the outlook periodFacilitate decision-making on the basis of strong oil and gas production dataDevelop business strategies with the help of specific insights on the Oceania upstream sectorAssess your competitor’s planned oil and gas production projects in the region