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What developments have we seen so far this year?
In this first podcast from our North Sea team, we round up highlights from the region's upstream activity in the first half of the year. Mhairidh Evans, Erin Moffat and Roddy Moody give their views on big deals and the projects to watch.
Could 2017 see renewed interest in the North Sea? Although North Sea investment by the Majors has fallen 60% since 2013, private equity–backed companies are entering the fray, bringing with them an estimated US$15 billion marked for North Sea acquisitions.
With 15 billion barrels of undeveloped resource in the UK and Norway, this presents a huge opportunity for these new companies. In our recent article, we weighed in on whether this change to the corporate landscape is a good thing.
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