We are delighted to bring you the APAC Regional Newsletter - our monthly bulletin to keep you informed with Rystad Energy in the region. |
|
|
|---|
| Upstream
Southeast Asia upstream recovery to be led by new startups and sanctioning
Prateek Pandey, Vice President, Upstream Research Southeast Asia was defined last year by historically low upstream activity levels, with less than five projects sanctioned. Looking forward, however, activity in the region is expected to witness a significant recovery this year with around 15 projects lined up for approval and a similar number of fields likely to reach first production. Rystad Energy expects a surge in sanctioning levels of nearly 300% year-on-year, with total commitments likely to cross the $6 billion mark, reflecting increases in both onshore and offshore activity. We expect offshore developments to dominate the scene, encompassing around 80% of discoveries to reach final investment decisions (FIDs) in 2021.
|
|
| Energy Service Brownfield activities to provide solace for Malaysian OFS in challenging market Lin Lin Goh, Senior Analyst, Energy Service Research At first glance, Petronas has revised down the outlook for total greenfield and brownfield projects in execution in 2021 by 30%, with only 41 projects in operation compared to 58 in the pre-Covid-19 version. The number of greenfield projects that will move into the engineering phase this year have slipped to four – versus five in the pre-Covid-19 version – and some projects have been pushed to 2022 with six new projects forecasted compared to two in the previous outlook. Of the four new projects pegged for this year, three are fixed structures, two of which are classed as medium-weight and one classed as heavyweight. |
|
|
|---|
| Markets Five things to look out for in global gas markets in 2021 Xi Nan, Vice President, Analyst, Gas and Power Markets Research As we turn a page on the 2020 gas market – a year defined by a pandemic, record-low gas prices, production shut-ins, and only a single LNG project getting sanctioned – we look forward to which trends may define the next year. So far 2021 has delivered a complete turnaround in the structure of the gas price curve, notching a record-high price of nearly $25 per MMBtu in Asia. This commentary looks at how sustainable this price spike is, as well as the fundamental supply-demand forces behind the price ticker. |
|
| Renewables Australia's renewables lookahead for 2021 David Dixon, Senior Analyst, Australia Renewables Research The coming year is set to be a busy one for Australian renewable energy players, with an expected 5.3 GWAC of utility PV, wind and battery projects expected to complete commissioning. Activity will be concentrated to the West Murray region for utility PV commissioning and western Victoria for wind. The mining industry will be going up the learning curve as a 60 MWAC solar farm, Australia’s largest utility PV plant not linked to the national or wholesale electricity networks, finishes commissioning in the Pilbara. |
|
|
|---|
| Japan Monthly Insights マンスリーインサイト : ライスタッド・エナジー が誇るグローバルエキスパートの最新エネルギー市場分析をコンパクトなサマリーとして毎週お届けします。ガス＆LNG市場、原油市場、再エネ、シェールオイル、メタルマーケットなどの多岐に渡る分野を網羅します。 |
|
|
|---|
| News & Events Meet our experts and hear from them on the current topics that are shaping the energy landscape. Visit our website for our full calendar of News & Events. |
APAC Regional Webinar | The LNG appetite in Asia - India focus
February 24 | Virtual |
|
|
|---|
| | | Japan Virtual Information Session | 2021 Energy Outlook and Beyond: The year ahead
January 27 | Virtual Our team of expert speakers shared their perspectives on navigating the year ahead and beyond in the energy sector. |
|
| |
|---|
| Global Shale Webinar | US shale 2021 outlook: Swift recovery or persistent challenges?
February 2 | Virtual Artem Abramov, Head of Shale Research and Thomas Jacob, Vice President, Shale Research hosted this session detailing what 2021 will hold for the shale industry. |
|
| |
|---|
| Australian Regional Webinar | 2021 Australian Energy Outlook: 5 things to look out for
February 3 | Virtual David Dixon, Senior Analyst, Australia Renewables Research and Jimmy Zeng, Product Manager, Australasia Solutions provided their perspectives on navigating the year ahead in the Australia Renewables and Upstream sector during Australian Regional Webinar | 2021 Australian Energy Outlook: 5 things to look out for. |
|
| |
|---|
| Industry Webinar | Wikborg Rein Shipping Offshore Webinar Series #4: LNG market and floating project outlook in Asia
February 3 | Virtual Xi Nan, Vice President, Analyst, Gas and Power Markets Research shared insights on the Floating LNG Projects and LNG Market Outlook in Asia at the Wikborg Rein Shipping Offshore Webinar Series #4. |
|
| |
|---|
| Industry Webinar | Upstream Ahead - Oil & Gas Exploration & Production - Towards Vision 2050: Energy Transitions and Clean Energy Alternatives
February 12 | Virtual Jarand Rystad, CEO & Founding Partner addressed the topic on Energy Transitions and Clean Energy Alternatives at the Upstream Ahead - Oil & Gas Exploration & Production - Towards Vision 2050 Virtual Summit. |
|
| |
|---|
| | |
|
|