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Producers may need to kill their old loss-making FPSO’s in this downturn – Rystad Energy tells us why…
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Producers may need to kill their old loss-making FPSO’s in this downturn – Rystad Energy tells us why…

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Canada upstream spending moving to 20-yr low, shut-ins could reach 1.2 million bpd
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Canada upstream spending moving to 20-yr low, shut-ins could reach 1.2 million bpd

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Seismic industry revenues to nearly evaporate in 2020 – Rystad Energy
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Seismic industry revenues to nearly evaporate in 2020 – Rystad Energy

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More than half of 2020 licensing rounds set to be wiped out – Rystad Energy
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More than half of 2020 licensing rounds set to be wiped out – Rystad Energy

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Offshore drillers face up to $3 billion in contract cancellations – Rystad Energy
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Offshore drillers face up to $3 billion in contract cancellations – Rystad Energy

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Multi-billion-barrel wells facing delays in Guyana, US and elsewhere – Rystad Energy
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Multi-billion-barrel wells facing delays in Guyana, US and elsewhere – Rystad Energy

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US rig count set for dramatic 65% free-fall
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US rig count set for dramatic 65% free-fall

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“We do not see Exxon turning off the taps in Guyana” – Rystad Energy
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“We do not see Exxon turning off the taps in Guyana” – Rystad Energy

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Political turmoil, price uncertainty will delay FIDs in Guyana for months – Rystad Energy
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Political turmoil, price uncertainty will delay FIDs in Guyana for months – Rystad Energy

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Global E&P CAPEX will reach 13-year low as COVID-19, price war persist – Rystad Energy
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Global E&P CAPEX will reach 13-year low as COVID-19, price war persist – Rystad Energy

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