MENA accounts for two thirds of proven global oil reserves and is regarded as the world’s most influential oil province, eclipsing all other regions by some margin. Over the next five years, the region will see strong growth in hydrocarbon production as the world becomes increasingly reliant on oil supplies within the region.
The APAC regional government’s continued commitment to promote private-sector investment in order to meet worldwide energy demands promises massive rewards to a host of organisations, from National Oil Company subsidiaries, indigenous providers and international oilfield service companies all of which are well-established within the region or are looking to target APAC for the very first time.
From President Obama’s plans for the oil industry to our guide on how to plug the capability gap, read the interactive magazine here.
How Libya’s top oil official Shokri Ghanem is opening his country up to the IOCs and their technology and expertise. Read our interactive magazine here.