Faced with a forecast decline in the global upstream service market in 2020 and only modest growth of 3 percent for the four-year period from 2019 to 2022, logic suggests that long-term growth in clean energy, particularly in fast-growing Asian-Pacific markets, offers the path towards growth.
Many of Indonesia’s oil and gas fields, both on and offshore, are coming to the end of their commercially viable operational lifespan. More than 60% of Indonesia’s oil and more than 30% of gas production comes from late-life-cycle resources spread across the world’s largest island country. Despite investment and use […]
Offshore operators in the Asia-Pacific region could face a total decommissioning bill of over $100 billion.
Here below are a few brief examples of the work completed for a range of corporate clients and business publications. To find out more contact Nicholas Newman at email@example.com for further information of the services and expertise available to customers. Eniday The 6 trends shaping Southeast Asia’s clean energy sector […]
Fortunately for the taxpayer, London based firm Quatre Ltd provides a financial solution. Its Environment Trust (ET), will if adopted by the government, protects both the taxpayer and landowner from the possible decommissioning risks should an operator become bankrupt.