North Sea upstream: 5 things to look for in 2025
Predictions for the year ahead
1 minute read
Gail Anderson
Research Director, North Sea Upstream
Gail Anderson
Research Director, North Sea Upstream
Gail focuses on the North Sea Upstream industry and its gas and power sector.
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Greg Roddick
Principal Analyst, Upstream
Greg Roddick
Principal Analyst, Upstream
Greg has almost 15 years of industry experience, focused on corporate strategy, fiscal modelling and economic analysis.
View Greg Roddick's full profileAfter the fallout and uncertainty around the UK windfall tax, companies and government may put their differences aside and agree on a successor to the EPL in 2025. The government may announce plans to legislate for the new fiscal terms in its Autumn budget.
For our view on this, and more themes and trends we believe will shape the year ahead, read North Sea upstream: 5 things to look for in 2025.
Drawing on unique insight from Lens Upstream, it includes our take on:
- Regulatory risk: how far will fiscal, emission and licensing changes go?
- Investment decisions: what FIDs are expected and what are the risks?
- Exploration: where will the biggest bets be placed?
- And more.