2028 Energy Upstream 
Oil Review Middle East
MARCH 10, 2025
Rystad notes the resilience of the Middle East NOCs in different energy demand scenarios, particularly given their focus on LNG , a key energy transition fuel. It adds that Aramco and ADNOCs low-cost portfolio and short-cycle return on investments are key factors ensuring their competitiveness.
Rextag
FEBRUARY 24, 2025
While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source. Major Investors: Cheniere Energy, Tellurian, and Venture Global LNG are ramping up production to meet rising global demand. energy mix. MMBbl/d in 2025. LNG export expansion.
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