Rystad Energy

Latest articles from Rystad Energy

• Megamerger Could Create The Next Deepwater Oil Giant

  Published 17 November 2019 | viewed 23,459 times

  Commenting on unconfirmed reports that leading offshore contractors Saipem and Subsea 7 are considering a merger, Audun Martinsen, head of oilfield service research at Rystad…

• Norway’s Oil Boom Is Back

  Published 07 November 2019 | viewed 12,537 times

  Commenting on Equinor’s oil and gas discovery near the Fram field in the Norwegian North Sea, announced on 6 November 2019, senior analyst Palzor Shenga…

• Replacement Rate Hits 20-Year Low: Oil Industry Only Replaces 1 In 6 Barrels

  Published 13 October 2019 | viewed 66,497 times

  Oil and gas companies have discovered 7.7 billion barrels of oil equivalent (boe) year-to-date, according to Rystad Energy’s latest global discoveries report. “The industry is…

• The Race To Save $100 Billion - A Digital Revolution In Oil

  Published 09 October 2019 | viewed 8,377 times

  In a new in-depth study, Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization…

• The Oil Majors Leading The M&A Boom In Oil And Gas

  Published 05 October 2019 | viewed 22,820 times

  European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the…

• Europe’s Gas Demand Soars As Dutch Giant Folds

  Published 02 October 2019 | viewed 37,005 times

  Europe’s energy landscape will be completely changed once the Dutch shut down the largest gas field on the continent years ahead of schedule, according to…

• US Shale Won’t Go Bankrupt

  Published 25 September 2019 | viewed 17,414 times

  Despite a wave of financial adversity that has tormented US onshore E&P companies lately, Rystad Energy does not view this as a harbinger of doom…

• Oilfield Services More Bullish Following Oil Price Jump

  Published 19 September 2019 | viewed 14,472 times

  The recent oil price jump could create further momentum for service sector margins, according to Rystad Energy. Sixty percent of the top 50 oilfield service…

• Lower Oil Prices Ends Oilfield Services Growth In 2020

  Published 14 September 2019 | viewed 36,378 times

  Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth, according to Rystad Energy. In…

• Rystad: US Shale Production To Peak At 14.5 Million Bpd

  Published 12 September 2019 | viewed 24,532 times

  US shale supply will peak at approximately 14.5 million barrels per day (bpd) around 2030, according to Rystad Energy. In the past decade, crude oil…

• Three Essential Factors For Oil Prices In 2020

  Published 06 September 2019 | viewed 31,046 times

  Three essential factors will determine the direction of the oil price next year, according to Rystad Energy. In a market update, Bjørnar Tonhaugen, head of…

• UK Offshore Oil & Gas Is About To Boom Again

  Published 03 September 2019 | viewed 20,911 times

  As tens of thousands oil and gas professionals gather in Aberdeen for the biannual SPE Offshore Europe conference & exhibition, the UK offshore scene is…

• Subsea Sector Could Lose Big If Oil Prices Plunge

  Published 22 August 2019 | viewed 13,285 times

  The subsea market in 2019 will experience year-on-year growth for the first time since 2014, but the positive outlook is vulnerable to any significant decline…

• Diesel Car Sales Plunge In The World’s Hottest Electric Car Market

  Published 19 August 2019 | viewed 26,129 times

  Sales of certain diesel models are in free-fall as Norwegians turn to Tesla and other makers of premium electric vehicles (EV), Rystad Energy finds. Norway…

• The Fastest Growing Energy Producer In The World

  Published 15 August 2019 | viewed 17,639 times

  Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP…

• New Offshore Boom Is Propping Up This Niche Market

  Published 13 August 2019 | viewed 13,694 times

  The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected…

• Gloomy Oil Markets Just Got Gloomier

  Published 10 August 2019 | viewed 34,116 times

  Recent developments in the oil market have sent cold shivers through Rystad Energy’s oil market team, calling into question our temporary bullish view for the…

• Oil & Gas Discoveries Rise In High-Risk Oil Frontiers

  Published 11 July 2019 | viewed 27,730 times

  Global discoveries of conventional oil and gas continue to show promising growth, with new finds totaling 6.7 billion barrels of oil equivalent (boe) in the…

• European Gas Prices Fall To One-Decade Low

  Published 02 July 2019 | viewed 50,860 times

  Natural gas prices in Europe have plummeted thanks to a rising gas export war between Russia and the US, much to the delight of European…

• This Continent Is Taking The Lead In Record Shattering Year For LNG

  Published 27 June 2019 | viewed 15,396 times

  Africa is taking the lead in the next phase of global LNG mega-projects. 2019 will shatter previous records for the industry. Rystad Energy forecasts that…