On the Spot

Throughout the year we take a poll of a dozen of our Members, from around the world on a question of timely importance to the market. We share the results here. Read on for intelligence from energy market insiders.

The current spate of M&A in the O&G sector in Asia is a notable feature. Supported by the combination of a ferocious appetite from Asia-focused NOCs, independents and...

In general, it was another very busy year with very high activity levels. There were 45 exploration wells drilled on the Norwegian Continental Shelf as well as 20 discoveries which resulted in a 45% success rate.

Amongst the most important lessons for us have been the need to have clear sight of long term financing and a simple strategy with a route to material value. The E&P industry is cyclical and right now we are going through a phase where it is challenging for smaller companies to access significant risk capital.

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