With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
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Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
'We believe we will see a slight uptick in activity this year'.
With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.
While 2022 was marked by a global energy crisis and price volatility, 2023 is still uncharted territory for the oil and gas industry.
How can upstream plan and build for a profitable future with oil and gas demand so uncertain? I asked Fraser McKay, Head of Upstream Analysis, and Angus Rodger, Director Upstream Research, who led our analysis in May’s Horizons how they see the challenge.