As investments in tight oil increased from 2016 to 2018 and offshore investments decreased, tight oil investments almost reached the same level as offshore in 2018. However, in 2019 the table has turned. Now offshore investments are on the rise again, while tight oil has started to decline.

Offshore investments are expected to grow as sanctioning activity has increased over the last years while tight oil investments are falling as producers are trying to generate free cash flows.

Source: Rystad Energy