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Deepwater will play an important role in the oil and gas industry’s pivot to the advantaged resources essential for success through the energy transition. And this year marks a step-change in deepwater field performance, with advantages that span both economics and carbon emissions.
Low-carbon technologies have the potential to transform the energy industry. They could also have a powerful effect on local economies – as the UK is on a mission to demonstrate.
In the face of the energy transition, upstream companies are under severe pressure to decarbonise. A situation that is only likely to intensify. Companies need to take note, set out their strategy and act so as to future-proof their business and keep hold of their social licence to operate.
Различные заинтересованные стороны сосредоточили внимание на роли газа и СПГ в энергопереходе.
The IIGCC's Net Zero Standard for oil and gas companies shows much more needs to be done to align to Paris Agreement goals. What are the implications for the sector?
The super-giant Marun and nearby Shadegan and Kupal fields are in the prolific Zagros Basin in southwest Iran, near the city of Ahvaz. Marun is Iran's third largest oil field, after Ahvaz and Gachsaran, with 45 billion barrels of oil initially in place. The field is one of the largest contributors to Iran's production.The Marun Oil and Gas Production Company (MOGPC) operates the fields under the…
Sindre and Gimle are two small fields located in Northern North Sea, northeast of the Gullfaks field.Gimle was developed with three extended reach wells drilled from the Gullfaks C facility. The field came onstream with a test production phase from the combined exploration and production well in 2005. As Gimle is located over two licences, the owners established a new Gimle Unit which covers the…
Fiscal policies could start to catch up with energy transition goals this year. Read 'Global upstream fiscal systems: 5 things to look for in 2022' for our view on the policy changes that could be in store.
Higher utilisation rates coupled with moderate cost inflation will drive increases in vessel day rates year-on-year through 2026.
In our rapid response webinar, our experts discussed the impact the crisis in Ukraine is having on global commodities.
Financial institutions will redirect capital towards companies with robust and credible plans to reduce emissions. Oil and gas will be under increasing pressure to cover all scopes of emissions.
What a Republican mid-term victory could mean for US energy and climate policy.
The crisis has demonstrated the urgent need to boost supplies of all types of energy.
A tangle of long-term ambitions will drive upstream regulators and investors toward the big fiscal themes to look for in 2023, from windfall taxes to renewed interest in gas policy terms.
Tax plans put more money in the hands of the Colombian government. But they will deter investment at a crossroads for the extractive industry.
Colombia’s midcaps step up to plug the upstream gap in challenging times
The country’s decision to halt new exploration puts uncertainty into Colombia’s long-term energy security.
To accelerate Europe’s energy transition, investors need to leverage opportunities to diversify the region’s energy mix.
Decisions made in Dubai could pave the way to a truly global carbon offset market.
We analyse 16 of the largest international operators to assess their resilience and sustainability
The inflection points we see across the production, exploration, sustainability and M&A themes.
Upstream investment in Africa has been slower to recover from the pandemic compared to more agile regions with lower costs. Moving forward, we expect investments of around US$40 billion annually, or 8% of global capex, to be the new normal.
We share how the country’s upstream operators can leverage sustainability principles by seeking “advantaged resources” within their portfolio
What is the real impact of curtailing production from Norway on the broader European energy landscape?
Wood Mackenzie is proud to be the Knowledge Partner at Gastech 2024
Supply chain cost inflation is easing, but the market will remain tight and vulnerable to shocks.
Despite tight budgets, new upstream investment across Asia-Pacific has never been more competitive as explorers refocus on acreage reload to reinvigorate portfolios.
From the impact of 'Trump 2.0' to increased supply chain pressure, deepening gas deficits in Iraq, Iran and Egypt and exploration highlights.
Will deal flow increase in 2025? Who’s best placed to buy and sell? Read our predictions for global upstream mergers and acquisitions for the year ahead.
Our pick of the themes that will shape exploration for both oil & gas and geothermal resources in 2025 – plus, the wells to watch, including those that will target frontier basins and underexplored plays.
Pinpoint opportunities with Wood Mackenzie’s Lens Subsurface tool.
A healthy project pipeline, strong policy support, plentiful funding and a surge in drilling signal ongoing market growth.
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