Deep Water Ahead? The Outlook For the Oil And Gas Industry in 2011

In this industry barometer, the EIU focuses on investment prospects, the changing risk environment and the new industry dynamic, where international oil companies and national oil companies are redefining their relationships in developing conventional and unconventional hydrocarbons assets.


Key findings include:

  • Industry investment plans remain on track. 
  • Spending will remain focused on core oil and gas projects, especially given that new reserves are predominantly in tough, deepwater areas. 
  • Asia is an emerging opportunity for the oil and gas industry, both in terms of demand and supply. 
  • Natural gas has emerged as a key industry "game changer". 
  • Regulatory change in the wake of BP's Gulf of Mexico disaster is certain, although the precise impact of this is less clear. 
  • Smaller oil companies are seen as vulnerable to increased operational risk. 
  • E&P specialists will need to deal with more complex relationships with national oil companies. 
  • A new breed of "internationalising" NOCs are increasingly competing in markets outside of their home country. 




Download Now

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern