Europe events to watch 2014

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17 January 2014

Europe events to watch 2014

Report summary

Development activity in Norway and the UK will reach unprecedented levels this year, as a result costs could increase, and further projects could be delayed.  It is a pivotal year for the UK as the Scottish Independence Referendum will be held in September. A vote for independence would have wide ranging implications for the UK upstream sector.  Elsewhere in Europe, exciting frontier exploration is planned in the Arctic, Mediterranean Sea and Black Sea.

Table of contents

  • Cost escalation may delay more projects in the North Sea
  • Pivotal year for UK Upstream Sector
  • North Sea M&A to step up
  • Shale gas licensing opportunities in the UK
  • Ownership of Johan Sverdrup field to be finalised
  • Norway to launch a tax incentive for Barents Sea developments
  • Groningen production will not be impacted by earthquakes review
  • A Danish exploration revival
  • Frontier exploration in the Arctic and Mediterranean Sea
  • Black Sea appraisal drilling could demonstrate commerciality

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    Europe events to watch 2014

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