Welligence MENA | The Majors in the Middle East and North Africa – recent business development and what next?
September 3, 2024
The MENA region will continue to be of key importance to the Majors throughout this decade and into the next. The combination of vast reserves, low production costs, strategic location, and growth potential keeps the region central to the strategies of these major oil and gas companies. The Majors’ MENA upstream portfolios are valued at a combined US$116 billion (NPV10, 2024).