Oil & Gas

Key MENA countries rely on oil & gas for well over 50% of their revenue. For Iraq and Algeria, hydrocarbons provide over 90% of their export earnings. Whilst Saudi Arabia has a (so far largely rhetorical) National Transformation Plan, other countries have barely begun to consider how to adapt to the looming 'energy transition'.

Total Net Liquids Output (‘000 B/D): Mena Overtakes Africa For 2018...
Bahrain Crude & Condensate Output Rises Back Above 200,000 B/D In March Following Abu Safah Outages ('000 B/D)
CNPC's Net Mid-East Gulf Crude Output In 2017 ('000 B/D) Rivalled Western IOCs