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Continental Europe upstream: 5 things to look for in 2022

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26 November 2021

Continental Europe upstream: 5 things to look for in 2022

Report summary

Out with the old and in with the new. That’s the plan for Continental Europe in 2022. A high-profile field cessation at Groningen in the Netherlands will contrast with progress on new developments in the Black Sea and fresh exploration and appraisal drilling in Cyprus. Carbon capture and storage will also be on the agenda as new projects move towards FID and the EU provides funding for new ventures.

Table of contents

  • Executive summary
  • 1. The end is nigh for the Netherlands’ giant Groningen gas field
  • 2. Black Sea gas projects will be unlocked as activity steps up
  • 3. The Majors will catch up on delayed Cyprus exploration and appraisal
  • 4. CCS will capture even more attention – and funding – across the region
  • 5. Europe’s diverse upstream sector will better define its transition journey
  • What to look for in 2022 – a regional upstream series

Tables and charts

This report includes 5 images and tables including:

  • Groningen production - the path to zero
  • Black Sea - key upstream activity
  • Cyprus discovered resources and 2022 drilling plans
  • Continental Europe's role in global CCS capacity
  • Contrasting decarbonisation initiatives in Europe

What's included

This report contains:

  • Document

    Continental Europe upstream: 5 things to look for in 2022

    PDF 1.54 MB