Industry Trend

Transition Trends Set to Shape North Sea Outlook

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Northwest Europe’s oil and gas players have been buffeted by energy transition tensions playing out across the region as governments and companies advance plans for a greener future. Last year underlined the growing difficulties and potential obstacles for new oil and gas projects amid bolder national climate goals, intense environmental opposition and legal action. As a result, 2022 could be decisive both for upstream and transition projects, with government policy and fiscal changes set to shape the offshore industry.

Offshore Oil and Gas, Upstream Projects, Upstream Licensing, Exploration, Policy and Regulation, M&A, Carbon Capture (CCS), Hydrogen
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