Insight

Europe upstream in brief

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

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

    • ExxonMobil takes flight again in Cyprus with Pegasus gas find
    • Norwegian explorers continue struggle to find large-scale resources in 2025
    • M&A on the rocks and decommissioning uncertainty for Prax
    • Equinor targets improved recovery from Johan Sverdrup
    • Ormen Lange Phase 3 subsea compression starts production
    • More UK consolidation as Viaro snaps up Deltic Energy
    • Equinor sanctions Norway’s largest development of 2025
    • Aker BP’s exploration drought continues as Rondeslottet disappoints
    • 499 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Cyprus - proposed development concepts and Pegasus location
  • Norway exploration well results vs. pre-drill estimates H1 2025
  • Norway exploration well results H1 2025 by operator and failure mechanism
  • Norway gas recovery factor by field
  • Viaro production profile (kboe/d)
  • Balder & Ringhorne production by phase
  • Var Energi production outlook
  • Norway top 10 producers
  • DNO and Sval Energi total production
  • Western Black Sea map
  • Ukraine unconventional licence map
  • 337 more item(s)...

What's included

This report contains:

  • Document

    Europe upstream in brief

    PDF 81.94 MB