Continental Europe upstream | 5 things to look for in 2020
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The coming year will be pivotal for the upstream sector in Continental Europe. The path towards an early shut-in at Groningen will further contribute to a decline in gas production, but liquids output will increase, driven by the ramp-up of Italy’s Tempa Rossa field. Meanwhile, high-impact exploration and emerging investment areas could provide material growth opportunities.
The opening of a new decade often leads to introspection and Europe’s upstream industry will be contemplating its long-term future. The Majors are pondering possible divestments in some places, while challenging regulations are making E&P activity increasingly difficult in others.
However, Continental Europe is far from a backwater. Europe’s upstream may be in transition but growth is still an option. Exploration is perhaps the most prominent thing to look for in 2020.
In this complimentary report, we discuss the events to watch in the upstream sector across Continental Europe. Fill in the form on this page to get your copy.