Graham Hollis, Office Senior Partner for Deloitte in Aberdeen, comments on Business Outlook 2021, published on March 16, 2021.
Concordia Damen has launched a Capital Fund, the BesteVaer Capital Fund. This fund will facilitate the purchase of new and/or used inland vessels, thereby stimulating movement within the inland marine transportation sector.
NEO Energy (“NEO”) and HitecVision announces the signing of a transaction that solidifies NEO’s position among the largest oil and gas producers in the UK. Based on current estimates NEO’s production will grow from circa 80,000 barrels of oil equivalent per day (boepd) in 2021 to a stable production base in the period 2022 – 2026 of between 90,000 and 100,000 boepd. A growing and then stable production profile in this period gives NEO a unique position in the UK offshore oil and gas industry. About 55% of NEO’s production growth in this period will be operated by NEO.
The UK is expected to drive the upcoming projects across oil and gas value chain in Europe, accounting for about 25% of the total projects which are likely to start operations by 2025. Amongst these, new build projects lead with 62% while the remaining are expansion projects mainly in the upstream sector (fields), according to GlobalData, a leading data and analytics company.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.