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Strategy

Exploration Survives Transition Pressures

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Offshore,Oil,And,Gas,Drillship

Exploration has survived oil price, pandemic and transition pressures, but scaled-back activity has closely focused on prospects offering low-cost, low-carbon barrels. More flexibility could come from higher prices, supply stresses and investor support, but still within tight limits, our analysis shows.

Topics:
Majors, NOCs, Regional Integrateds, Independent E&Ps
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