Monday 9 September 2019

Having had tens of thousands oil and gas professionals gather in Aberdeen for the biannual SPE Offshore Europe conference & exhibition, the UK offshore scene is poised for a timely comeback.

Rystad Energy expects a new wave of UK field development projects to be sanctioned towards 2022. The independent energy research and consulting firm forecasts that final investment decisions (FIDs) could be reached on as many as 38 new UK offshore projects over the next three years, representing $22.6 billion in greenfield expenditure if UK prospective resources live up to expectations.

More information here.