UK Upstream: 5 things to look for in 2018

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Report summary

The UK upstream sector steadied the ship in 2017. Will it be smoother sailing in 2018? We think so. We see a 'new normal' emerging in terms of development spend and exploration activity – albeit lower than historical levels. The M&A market will remain active. And, in fact, it's looking like a bumper year for production and new project sanctions. In this report, we look ahead with five of the key themes for 2018, covering: exploration, production, project FIDs, M&A and decommissioning.

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