Insight

Europe upstream in brief

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Welcome to the Europe upstream in brief where we bring you quick, responsive opinion and analysis on all that's going on in European oil and gas. The report provides rolling coverage of events, with stories posted to this page within 24 hours of any announcement, where possible. We offer critical insight and opinion on a wide range of topics from exploration and M&A to decarbonisation and the energy transition.

Table of contents

    • Is early EPL removal on the cards?
    • Denmark considers North Sea licence extensions to bolster European energy security
    • Beyond first oil: Norway's multi-billion barrel recovery opportunity
    • Webinar: Europe upstream things to look for in 2026
    • Norway’s biggest exploration well of 2026 comes in dry
    • TPAO farms into Shell’s Bulgarian Black Sea licence
    • Class of 2026: benchmarking this year's upstream FIDs
    • Hungary launches new licensing round amid Russian gas phase-out
    • 592 more item(s)...

Tables and charts

This report includes the following images and tables:

    Brent & NBP forecasts vs ESIM floor & new OGPM thresholdDenmark oil and gas production** and licence extension impactRecovery factor benchmarking methodology
    West Barents prospects drilled 2023-2026Western Black Sea acreage mapHungary 2026 licensing round – concessions on offerEast Mediterranean – recent Major acreage additionsMap of Kvitebjorn area and partner interests post-dealOrlen Norway gas production (2025-2035)Edvard Grieg and Ivar Aasen Area production profileCassiopea's current and previous gas production forecast
  • 433 more item(s)...

What's included

This report contains:

  • Document

    Europe upstream in brief

    PDF 95.13 MB