Insight
Why is West of Shetland the UK’s final frontier for oil and gas growth?
Report summary
While Majors have been divesting assets elsewhere in the UK, several have acquired interests West of Shetland and the region is now core for BP, Shell, Total and Chevron. It is also a key area for ambitious, growth-focused companies like Siccar Point and INEOS. What’s so special about West of Shetland? We take a look into several of the key themes that differentiate the region from elsewhere in the UK: several existing giant fields; the potential for high-impact exploration; attractive M&A opportunities; substantial growth potential.
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