With the oil price expected to remain at a healthy rate of approximately US$90 per barrel, the market is ripe for Australia's decommissioning industry. Following the events around the Northern Endeavour, oil majors are declaring decommissioning initiatives one after the other, and new players are emerging in the market as well. This report endeavours to capture the industry scenes with all its dynamism.
The climate crisis is at the forefront of everbody's mind as we move closer to the deadline set out in the Paris Agreement to reach net zero. This original report will analysis the benefits presented by geothermal energy in relation to the oil and gas industry, with emphasis placed on the proccess of repurposing existing wells in order to produce a clean source of energy.
Ageing well stocks, long-term fossil fuel demand assured and operator desires to minimise their climate footprints are putting the Middle East’s well intervention industry on course for a potentially lucrative future. Offshore Network’s study examines the prospects of this market as well as the factors shaping business objectives from those active within the sector.
A report examining the well decommissioning and abandonment scope making waves throughout the Gulf of Mexico. This exclusive outlook encompasses an in-depth analysis of the oil market, a look into the web of bureaucracy operators have found themselves tangled in, and a discussion around the solutions third party operators are providing for the region.
An original report examining the current market and geopolitical trends that are set to shape the North Sea well intervention market in 2023. This unique analysis explores oil price prospects, oil and gas demand growth, end-of-life obligations and the emerging technology being developed to meet future well intervention requirements.