Gulf states eye enhanced future
Oman is leading the way in Gulf EOR development, and its neighbours are fast realising its advantages
Enhanced oil recovery is proving to be a much-needed tool for Arab Gulf producing states as they seek to sharpen their global competitive edge. Squeezing every drop of potential from maturing reserves is crucial for the Gulf to retain its top spot in the global league table of oil producers, with the International Energy Agency forecasting that the US could be the world's largest oil producer by 2019. There's also swelling oil and energy demand. The latest BP Energy Outlook anticipates a 54% climb in the Middle East's energy consumption by 2040. Demographic forecasts explain a lot. The UN expects the populations of Oman, the UAE and Saudi Arabia to rise by 45%, 39% and 36% respectively by 20
Also in this section
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
