QATAR/OMAN/UAE/IRAQ
 
Majors Caught In Gulf Investment Dilemma
 
The Mideast Gulf offers oil majors an investment environment of constrained opportunity and poor profitability, a scrutiny of current and planned 2020 production reveals. Theoretically, the region, home of two thirds of the world’s conventional oil reserves, has huge investment potential for the oil majors, many of whom date their birth from initial investments in the area. There is massive...