Upstream transactions in Asia Pacific lagging - WoodMac

New research by global advisory Wood Mackenzie (WoodMac) has shown that 2020 is likely to be the quietest year for upstream transactions in the Asia Pacific region since the beginning of the 21st century.

As of mid-November, only $426-million of assets have changed hands this year, down over 90% from the $5.1-billion transacted in 2019.