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Cost inflation is here: the battle between margins and cost discipline intensifies
Global upstream cost inflation is intensifying. Coming into this year, we forecasted unit costs would rise 7-10%. We now forecast like-for-like cos...
Decommissioning in the UK: the cash flow vs. cost savings operator dilemma
As the Oil & Gas sector accelerates its transition into green energy in light of the oil price crash, an estimated £16 billion will be spent on off...
Deepwater FIDs on the rise in 2017: Pre-FID upstream project tracker
2016 was another quiet year year for major upstream project FIDs, but we believe that is all set to change in 2017. With over 40 large developments...
Defining advantaged resources
The oil and gas industry still faces a huge challenge to meet expected demand. By 2050, it must develop a trillion boe beyond its proven supply fro...
Discovered resources progression: 5 things to look for in 2022
This coming year will see a growing emphasis on short cycle upstream opportunities of discovered resources progression. With all upstream investmen...
Downstream oil in brief: as Spanish tides turn, Cepsa and Repsol explore foreign shores
The Spanish economy has seen steady growth over the past five years as it recovers from two recessions in a decade. As it outperforms other large E...
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