Middle East and North Africa Oil and Gas Upstream Development Trends and Forecast by Project Type, Countries, Terrain and Companies 2022-2026
Summary
In the Middle East North Africa (MENA), during the outlook period 2022-2026, a total of 52 crude and natural gas projects are expected to start operations. Among these, 26 represent the number of planned projects with identified development plans and 26 represent the number of early-stage announced projects that are undergoing conceptual studies and are yet to be approved for development (pre-FID). In 2026, active, planned, and announced projects in the MENA are expected to contribute about 31.6 million barrels per day (mmbd) to global crude and condensate production and about 87.6 billion cubic feet per day (bcfd) to gas production.
Scope
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