After a turbulent 2020 for the oil and gas industry, 2021 is expected to see a modest rise in investment in the UK and Norway offshore sectors, assuming a US$50 per barrel average oil price. Exploration activity could recover to 2019 levels and investment in new developments is set to increase.
Video on demand for Westwood's October 2020 webinar on the Macro Outlook on crude supply/demand, E&P behaviour/s, upstream M&A and the summary outlook for our core business areas.
Westwood Webinars – How has the UK and Norway E&P sector reacted to the oil price crash – 6 months on?
Emma Cruickshank, Alyson Harding, Dave Moseley, and Yvonne Telford review the UK and Norway E&P...