Continental Europe upstream: 4 things to look for in 2024
Predictions for the year ahead
1 minute read
Ross McGavin
Senior Research Analyst, Continental Europe Upstream
Ross McGavin
Senior Research Analyst, Continental Europe Upstream
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View Ross McGavin 's full profileEurope's reliance on Russian gas is fading, but import dependence remains high. Governments have been forced to accept the importance of their own domestic supply and look to grow it.
2024 will mark the end of Europe's decade-long production decline as volumes increase at major gas projects. But considerable investment is still needed in 2024 to continue the trend and ease concerns about the region's energy security.
Powered by Lens Upstream, in this report we highlight four key themes to watch in 2024, including:
- Project delivery: how can Cyprus commercialise its vast gas reserves?
- M&A: how will the Majors' activity drive a power shift in Northwest Europe?
- And more.