Commenting on Equinor’s oil and gas discovery near the Fram field in the Norwegian North Sea, announced on 6 November 2019, senior analyst Palzor Shenga at Rystad Energy says, “After a string of recent discoveries, […]
In a new in-depth study, Rystad Energy estimates that as much as USD 100 billion can be eliminated from E&P upstream budgets through automation and digitalisation initiatives in the 2020s. Service companies are reinventing themselves […]
Europe’s energy landscape will be completely changed once the Dutch shut down the largest gas field on the continent years ahead of schedule, according to Rystad Energy. The Netherland recently announced that production at Groningen […]
The offshore wind project Dogger Bank in the UK North Sea will not only be Equinor’s largest project through 2026, it will also rank as the sixth largest offshore development project in the world during […]
Three essential factors will determine the direction of the oil price next year, according to Rystad Energy. In a market update, Bjørnar Tonhaugen, head of oil market research at Rystad Energy, argues that a balanced […]
As 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 […]
Sales of certain diesel models are in free-fall as Norwegians turn to Tesla and other makers of premium electric vehicles (EV), Rystad Energy finds. Norway is leading the global shift towards private EV transportation, with […]
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil. South […]
Recent developments in the oil market have sent cold shivers through Rystad Energy’s oil market team, calling into question its temporary bullish view for the first part of 2020 linked to the new IMO shipping […]
Hydraulic fracturing operations in the Permian shattered old records in June, according to Rystad Energy. The prolific shale basin in Texas and parts of New Mexico in the US has reached new heights in terms […]
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