Outlook for the Norwegian petroleum sector, with a special focus on Northern Norway Nils-Henrik Bjurstrøm, Senior Project Manager Hydrocarbon Habitats December 10, 2015 Oslo, Norway
How will the oil price collapse impact d emand for offshore accommodation services? Audun Martinsen, Senior Analyst Offshore Accommodation & Access Conference: Submission Deadlines and other information December 9, 2015 London, United Kingdom
Rystad Energy Webinar
E&P 2015 Review
Date: December 14, 2015 Time: 4:00pm-4:30pm CET Speaker: Veronika Akulinitseva, Analyst
Rystad Energy Webinar
Oilfield Service 2015 Review
Date: December 14, 2015 Time: 5:00pm-5:30pm CET Speaker: Audun Martinsen, Senior Analyst
Rystad Energy Webinar
Shale 2015 Review
Date: December 14, 2015 Time: 6:00pm-6:30pm CET Speaker: Bielenis Villanueva-Triana, Senior Analyst
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Rystad Energy on CNN Money "The collapse in the price of oil has squeezed energy companies and countries that were betting on higher returns. Here's what it costs on average to pump a barrel of oil in the 20 biggest oil producing nations." (By Alanna Petroff and Tal Yellin / CNNMoney / Nov 23). Read more
"What To Expect In North American Shale In 2016" by Per Magnus Nysveen, Senior Partner & Head of Analysis, and Leslie Wei, Analyst (Published by Oil & Gas Financial Journal, Nov 1) Since the last update, the forecasted 2015 North American shale spending and production levels have remained unchanged at 95 billion USD and 15 million boe/d, respectively. This represents a 45% decrease in spending, and 13% increase in production compared to 2014. As the 2015 values are largely known, this quarterly shale update will focus on the expected 2016 trends. Read more
"Egypt gaining ground in the offshore development rally" by Olga Kerimova, Analyst, and Theodora Batoudaki, Analyst (Published by PESGB Newsletter, Oct 15) The Mediterranean E&P landscape has been historically dominated by large developments in offshore Egypt, Israel and Libya. Eni’s recent Zohr discovery is slated to significantly increase the Mediterranean’s gas supply, with Egypt joining Israel as a significant player in shaping the region’s growth potential over the next decade. This article assesses the outlook for the Mediterranean E&P industry (including Egypt, Israel, Libya, Tunisia and Cyprus), illustrated by three key drivers: production, exploration success and spending. Read more
"The challenge of converting discoveries into production" by Espen Erlingsen, VP Analysis (Published by GEOExPro, Oct 1) A key challenge for the E&P industry over the next years will be to mature the discoveries made during the last five years, and converting them into commercial fields. The two regions with the largest exploration success over the last decade are South America and Africa. The subsalt discoveries in Brazil and the gas discoveries in offshore Mozambique and Tanzania were the key drivers for this success. At the time of discovery, these discoveries were commercial and expected to generate high activity and production growth in the medium term. Read more
"A new dawn with offshore project resurrection" An intense focus on cost cutting among E&P companies resulted in several development projects being put on hold in late 2014 and into this summer. Cost optimization and a reduction of prices in the service industry have led to several projects turning economical even in the current low oil price environment, and being resurrected. Rystad Energy observes offshore projects to come in at an average of 10-30% lower costs than before the oil price crash. Read more
We are excited about the very first NCS Prospects Conference & Exhibition, organized jointly by Rystad Energy and GeoPublishing, which brings together the exploration focused North Sea community to exchange expert insight, network with fellow peers and develop discussions and solutions on current industry issues. During the two-day conference and exhibition, we gather together the players on the Norwegian Continental Shelf – oil companies, oil service companies, the financial industry, consultants, and governmental organizations, building a future business case for the Norwegian oil industry. We open up the exhibition floor for oil- and service-companies to showcase their licenses and prospects in order to fuel the conversation on where your business goes next.
Prolonging the oil age
Selecting an exploration strategy
Finding the resources
Building the exploration portfolio
Date: February 9-10, 2016 Location: Stavanger, Norway
Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy advisory and research products for E&P and oil service companies, investors and governments. We are headquartered in Oslo, Norway, with additional research teams in India. Further presence has been established in Norway (Stavanger), the UK (London), USA (New York & Houston), Russia (Moscow), Brazil (Rio de Janeiro), Africa as well as South East Asia.