Photo: The Elgin Franklin fields in the UK North Sea; Author: SP Mac

Premium

North Sea exploration: Risk appetite remains despite low oil prices

The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century. However, to maintain regular activities in the near future, new commercial discoveries are necessary and to achieve this there needs to be a high level of exploration activity.


In addition to two major oil price crises that have shaken the industry since 2014, the energy transition wave is spreading, accelerated in some ways by the coronavirus pandemic.

Premium content

You are currently not logged into your account. Register and get a two week trial.

Premium

Premium content

You are currently not logged in to a MyNavingo account.

Premium content

Your current account does not have access to this premium item. Please upgrade your membership to access this content.

Go to the shop
Related news

List of related news articles