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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.

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