Energy Transition Outlook shows Gulf Cooperation Council expanding energy exports while lowering emissions intensity
Norway, Feb. 9 -- Middle East and North Africa (MENA) region to become world's largest hydrogen exporter by 2060, producing 19 MtH? annually, while maintaining dominant position in global oil and gas markets.DNV today released its report Oil and gas decarbonization in the Gulf region, detailing how Gulf Cooperation Council (GCC) countries are working to reduce the emissions intensity of their core oil and gas production, while maintaining their role as leading global suppliers.This new analysis is the second mini-report in DNV's Energy Transition Outlook 2026 series on the Middle East, which explores the dual strategies defining the region's energy future: selective decarbonization and structural diversification.Since 2005, the GCC has prod...
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