A Rystad Energy cost analysis of the Norwegian pipeline operator Gassco’s proposed options to export the country’s Arctic natural gas resources, shows that the expansion of Norway’s pipeline infrastructure is a more viable solution compared […]
Total and its partners announce the start-up of the Floating Production Storage and Offloading (FPSO) P-70 of the Iara cluster (Block BM-S-11A), located in the deepwater Santos Basin pre-salt offshore Brazil. With a productive capacity […]
A Rystad Energy assessment of the temporary tax relief package for the petroleum industry that Norway recently approved reveals that the move will improve exploration and production companies’ short-term liquidity and reduce breakeven prices for […]
Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing supply contracts for 3 additional years in order […]
More than 50 years have passed since the first commercial discovery of oil was made in the North Sea. The gigantic Johan Sverdrup field – which started production in 2019 – will produce for the […]
The COVID-19 pandemic has landed a lasting blow to both oil and gas markets. Global oil production has absorbed the lion’s share of the impact, but natural gas output, which was previously set to grow, […]
The global energy industry downturn at the hands of COVID-19 has not only hurt immediate revenues, but is also affecting national infrastructure and energy policy planning. A Rystad Energy analysis shows that gas resources around […]
Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25% yearly drop in 2020 as a result of the COVID-19-caused downturn, […]
London-listed independent oil and gas companies such as Tullow Oil, Cairn Energy, Premier Oil, EnQuest and Genel Energy will continue to face hurdles in sourcing adequate financing for new developments and exploration activity as weak […]
The 2020 release of Rystad Energy’s annual global energy outlook reveals that the COVID-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing […]
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