Opinion
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North Sea upstream: 5 things to look for in 2024
Predictions for the year ahead
1 minute read
Gail Anderson
Research Director, North Sea Upstream
Gail Anderson
Research Director, North Sea Upstream
Gail focuses on the North Sea Upstream industry and its gas and power sector.
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What's in this year's report?
A UK general election is expected in 2024, with the future of the upstream sector central to the political debate on net zero and energy security. The long-term impact on the UKCS could be significant.
In this report, we draw on Lens Upstream to explore this topic and more key themes for the North Sea sector – including:
- Investment: how many FIDs are expected and what's required to get them over the line?
- Exploration: where are the wells to watch?
- Decarbonisation: emissions reduction continues but is electrification in the UK struggling?
- M&A: what's in the deal pipeline?