January 2020 UPDATE

UPCOMING EVENTS

Rystad Energy at NAPE Summit 2020
February 03-07, 2020
Houston, United States
Meet us at booth #3215
For more information,
please click here

Rystad Energy IP Week Information Session
February 24, 2020
London, United Kingdom
For more information,
please click here

Argus Americas Crude Summit 2020
February 3, 2020
Houston, United States
For more information,
please click here

Offshore Strategikonferansen
February 3-4, 2020
Stavanger, Norway
For more information,
please click here

Annual Offshore Support Journal Conference 2020
February 5-6, 2020
London, United Kingdom
For more information,
please click here

World Energy Policy Summit (WEPS) 2020
February 6-7, 2020
New Delhi, India
For more information,
please click here

Future Energy Asia 2020
February 12-14, 2020
Bangkok, Thailand
For more information,
please click here

FPSO Europe Congress 2020
February 17-20, 2020
London, United Kingdom
For more information,
please click here

Offshore Pipeline Technology Conference (OPT) 2020
February 25-27, 2020
Amsterdam, Netherlands
For more information,
please click here

Frontier Spring Reception 2020
February 26, 2020
London, United Kingdom
For more information,
please click here

TotalDecom 2020
February 26, 2020
London, United Kingdom
For more information,
please click here


UPCOMING WEBINARS

Americas Regional Webinar: NAPE preview
Content Webinar

February 4, 2020

Learn More & Register

Gas Market Webinar: Hot topics in the LNG market in 2020
Content Webinar
February 13, 2020

Learn More & Register

LAST BUT NOT LEAST

Explore Rystad Energy's data and analytics universe
Try for free!

Follow us on our social media platforms:



Company Newsletter Subscription: If you are not yet a subscriber to this email, please fill out the subscription form.

INDUSTRY VIEW

"Potential US fracking ban would have little immediate impact on nationwide oil and gas production"
Recent analysis conducted by Rystad Energy suggests that if the fracking activity were to be eliminated on federal acreage – in accordance with a stated policy goal of at least one presidential candidate – the result would be a widespread shift of capital from federal to private and state-owned acreage in a bid to replace the lost oil volumes.
Read More

"Rystad Energy announces winners for Gullkronen 2020"
Rystad Energy’s Gullkronen 2020 was tonight held in Oslo with just over 300 guests enjoying a night of industry expertise, awards, and entertainment. The event is dedicated to acknowledging high performances and achievements made by companies involved in the energy business during the previous year.
Read More

"Gullkronen 2020 Winners"
See all Gullkronen 2020 winners and jury's reasoning per category.
Read More

"New Mexico flirts with 1 million bpd oil threshold"
Rystad Energy expects oil production from New Mexico may have surpassed the 1 million barrels per day threshold in November, or possibly in December 2019.
Read More

"Rystad Energy announces nominees for Gullkronen 2020"
Rystad Energy selected the finalists for the 13th annual Rystad Energy Gullkronen awards. Established in 2009, the Gullkronen award ceremony highlights outstanding achievements on the Norwegian continental shelf in 8 categories spanning most of the energy industry. In addition, an individual honouree award will be announced on the night.
Read More

"Fossil fuel plants key for integrity of solar and wind-based power generation"
Existing fossil fuel power plants will play a pivotal role in enabling the full transition to a near-zero-carbon electricity system in many countries. How can such a surprising and perhaps counterintuitive conclusion be reached? The key word is intermittency, in reference to the wide fluctuations of energy supply associated with solar and wind.
Read More

"The US is set to experience yet a new energy revolution: Offshore Wind"
According to fresh research by Rystad Energy, installed offshore wind capacity in US waters could reach 20 gigawatts (GW) by 2030 and annual investments in the sector could surpass $15 billion by the mid-2020s. Such a trajectory means capital expenditure in US offshore wind will likely exceed those in US offshore oil and gas within the next five years – a truly remarkable development.
Read More

"Australia's renewables sector poised for new records in 2020"
Australia’s renewable energy market is set for another record year in 2020 as Rystad Energy expects utility wind and solar photovoltaic (PV) projects totaling 3.6 gigawatts (GWac) of capacity to complete commissioning, up from 2.6 GWac in 2019.
Read More

"Global exploration poised for upswing as operators flock to licensing rounds"
The past year showed a significant increase in licensing activity with a large number of lease rounds announced and the number of awarded licensing rounds rising for the third year in a row. The Mediterranean region was the hotspot, followed by South America and Africa in terms of licensing activity.
Read More

"Offshore investment to bolster Middle East oil and gas supply ambition"
The most bountiful petroleum plays in the Middle East may no longer be storied gushers from the past but more technical offshore areas. The most recent hydrocarbon production boom is underway in the Middle East, and this time, the race is spilling into offshore waters.
Read More

"Key questions facing oil and gas companies operating in Iraq"
The US and Iran seem to have stepped back from the brink of armed conflict, at least for now, but many oil and gas companies nevertheless face serious decisions regarding their short and mid-term plans in neighboring Iraq, where tensions remain high.
Read More

"A new offshore investment cycle is in the making"
In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and telltale signs have emerged that we are entering a new offshore investment cycle.
Read More

"Oil prices poised for slide as tensions cool"
Oil prices have had a tumultuous week since the US launched a drone attack in Baghdad, killing Iranian General Qassem Soleimani. With tensions peaking after the US and Iran traded missile attacks, oil markets priced in a risk premium.
Read More

"Global oil and gas discoveries reach four-year high in 2019, boosted by ExxonMobil's Guyana success"
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries of more than 100 million boe, with offshore regions dominating the list of new oil and gas deposits.
Read More

"Operational production costs have fallen globally, led by the United Kingdom"
Operational production costs in the oil and gas industry have fallen across the globe, with the United Kingdom emerging as a cost-cutting powerhouse among global offshore regions.
Read More

"Offshore projects are open for business, at the right price"
Meeting global oil demand will continue to require offshore oil and gas resources. While shale, onshore and renewable energy sources fight for market share, the global offshore industry has responded by re-thinking ‘business-as-usual’.
Read More

"Liquids supply additions of 2.4 million bpd can be expected in 2020"
In 2019, global liquids supply increased by only 0.3 million bpd, largely as a result of deeper cuts delivered by OPEC+ countries. 2020 is promising to be another year of substantial supply additions with about 2.4 million bpd expected, which nearly brings us back to 2018 supply dynamics.
Read More

"Five light tight oil trends to consider amidst talk of a "shale slowdown" in the US"
As we enter a new decade, the US shale industry is facing rising concerns about a possible slowdown in production growth – or even production declines. Last year we identified three light tight oil (LTO) production trends to sway 2019 growth.
Read More

"Queensland's largest wind farm announced"
The Queensland government on the 19th of December released a statement about the proposed Wide Bay Wind Farm. The plan is for a large-scale wind farm of 1200 MWac to be developed on state forest land between Gympie and Maryborough in Queensland.
Read More