Insight
Europe upstream: what to look for in 2016
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
2016 will be another challenging year for the European upstream sector as companies continue to adjust to survive and adapt to the low oil and gas prices. It will be a year where budgets are hit hard, all discretionary investment is closely scrutinised, and operators take big decisions about assets and portfolios. The industry has been through this cycle before and we can expect it to look quite different at the end of the year. We have highlighted the following key events to look for in the region this year.
Table of contents
- North Sea upstream activity to fall
- Key projects: 13 fields onstream, 46 under development, five project FIDs
- M&A activity to pick up
- UK field cessation: the beginning of the end for UKCS?
- Innovation will be the key to cutting costs in 2016
- A busy year for licensing: excitement over the Southeast Barents
- Exploration spend set to fall again
- Production across Europe is expected to fall, driven by reduced investment
- Unconventional oil and gas: UK to lead the way
- Fiscal changes considered across Europe
Tables and charts
This report includes the following images and tables:
-
Europe upstream: what to look for in 2016 map
What's included
This report contains:
Other reports you may be interested in
Insight
European Power & Renewables: what to look for in 2025
While a majority of Europe’s power supply is now renewable, the progress of transition faces headwinds.
$5,000
Insight
Corporate themes: 5 things to look for in 2017
We assess the 2017 prospects for the Majors, Independents and NOCs, focusing on five themes.
$1,350
Insight
CCUS: 5 things to look for in 2026
We highlight the five key themes to look out for in 2026
$1,250
