North Sea Oil and Gas Outlook

Two very different versions of the North Sea exist depending on which side of the border you look.

Norway remains a beacon of stability, with recent incentives spurring a wave of new projects and near-term production growth; Its role as a secure and reliable supplier of lower intensity energy to Europe is increasingly vital.

But in the UK, political and fiscal uncertainties are making new investments riskier. Operators are challenged to reduce emissions, while decommissioning in the UKCS accelerates.

With a general election just months away, a change of government and tougher fiscal terms is a realistic possibility.

Our team of analysts discuss the near-term outlook for the North Sea under these very different investment climates.

Join our upcoming webinar on the 29th February, focusing on the 2024 outlook for North Sea oil and gas, where our experts will be discussing:

Political uncertainty: what could the general election mean for UK upstream?
Investment: how many FIDs are expected and what's required to get them over the line?
Exploration: where are the wells to watch?
Decarbonisation: emissions reduction continues but is electrification in the UK struggling?
M&A: what's in the deal pipeline?

Register now through the form on this page