Panel Recap - Upstream Outlook: Europe & Eastern Mediterranean Opportunities & Challenges

Europe needs secure, affordable energy more than ever. Can the Eastern Mediterranean help deliver it?

That was the question at the heart of this panel, featuring government and industry voices from Greece, Malta and Hungary, who shared their views, including:

🌍 Europe's traditional producers are in decline. That turns the region's underexplored acreage from a historic missed opportunity into a strategic one.

🌍 Proximity to European markets, stable EU fiscal and legal regimes and proven hydrocarbon systems make a compelling case for investment.

🌍 Greece is back in the exploration game, with its first ever deepwater well due next year.

🌍 In Malta, reprocessed seismic is bringing deeper horizons into view

🌍 In Hungary, where deep gas has the potential to replace around half of domestic production, mature onshore basins, readily available legacy data and fast permitting are drawing renewed interest.

Smaller, agile operators have a vital role to play alongside the majors, particularly onshore in mature basins - and governments are shaping robust energy policies, but the window to prove commercial reserves could short.

Join us in 2027 for the 5th Edition of the World Energies Summit, 12th - 13th October 2027, London, for more insight.