Insight
Advantaged oil and gas
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Report summary
The upstream industry will increasingly prioritise portfolio enhancement over growth. This means companies must target only the best oil and gas – advantaged resources – among the world’s plentiful supply options. To sustain advantage demands continual investment and renewal, even for companies planning a smaller upstream future. Otherwise portfolios will eventually fade to become increasingly disadvantaged and uncompetitive. All the traditional organic and inorganic upstream options can play a role, including increased recovery from producing assets, greenfield development, exploration and M&A.
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