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The rising hurdles for investment in upstream | Hellenic Shipping News Worldwide


The rising hurdles for investment in upstream
How will the oil and gas industry spend its new-found cash flow? Early Q1 company results confirm our prediction that 2021 could prove to be a record year for free cash flow. All the indications are that companies are still fixating on capital discipline, using any surplus cash to pay down debt or buy back shares.
If and when the mood changes, there’s a sizeable pool of investment options in conventional oil and gas. But to progress in the current environment, these projects will have to meet both tough economic hurdle rates and increasing scrutiny against emissions reduction targets. Rob Morris, Principal Analyst Upstream Research team, shared his thoughts on the prospects for FIDs. ....

Rob Morris , Wood Mackenzie , Santos Barossa Caldita , Qatar Petroleum North Field , Principal Analyst Upstream Research , North Field East Project , Qatar Petroleum , North Field East , Euro Majors , கொள்ளை மோரிஸ் , மரம் மெக்கன்சி , கத்தார் பெட்ரோலியம் வடக்கு புலம் , வடக்கு புலம் கிழக்கு ப்ராஜெக்ட் , கத்தார் பெட்ரோலியம் , வடக்கு புலம் கிழக்கு , யூரோ மேஜர்கள் ,