Welligence APAC | What to look for in 2026
January 22, 2026

Asia Pacific upstream in 2026 is shaping up to be a catalyst-driven year, with portfolio rationalisation accelerating alongside a renewed push to explore frontier basins and advance large gas developments. On the deal side, mature positions and non-core stakes are increasingly likely to be transacted as majors and independents rebalance their capital, emissions, and reinvestment priorities. These activities are establishing a credible pipeline of M&A opportunities and securing future oil and gas supplies across the APAC region.