Market Intelligence
& Interviews
Informed articles from the go-to people in the oil and gas industry
Informed articles from the go-to people in the oil and gas industry
In 2019, we expect more than 9% in production growth, thanks to the ramp-ups of large projects like Kaombo or Egina plus some start-ups in Brazil, UK and Norway. But we can also expect a volatile Oil & Gas environment! This is why we will maintain financial discipline and pressure on cost reduction to further reduce our break even so as to remain profitable whatever the oil price and be able to invest in the company for the future..
Although new exploration is expected to bounce back from 2018 levels, the OGUK has cautioned that drilling activity continues to stand at a “record low rate” and supply chain firms remain under significant financial stress.
The United States has taken a unique view on the issues of mineral rights and developed a system that is typically only found in that country. We explore this maze of uncertainty.