Insight
Continental Europe upstream: 2022 in review
Report summary
The energy shocks after Russia’s invasion of Ukraine highlighted the importance of Continental Europe’s own upstream sector. 2022 was a year of change – from the Netherlands to the Black Sea and East Mediterranean. We look back at the headline stories of 2022: Policy shifts and fiscal reforms - how have governments responded to security of supply pressures and high prices? Project delivery - which development drove upstream capex to 80% year-on-year growth? Exploration success - how do Cyprus and Türkiye’s large gas finds rank globally? Regional M&A - who was involved in the region’s largest asset deal in a decade? Regional energy transition - did Europe move closer to its upstream decarbonisation aims?
Table of contents
- Executive summary
- Our key insights of 2022
Tables and charts
This report includes 1 images and tables including:
- Key takeaways
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