First oil and new discoveries in the North Sea

摘要

Discoveries and online operations highlighted year-end 2018 activity as new projects are expected to continue offshore Norway and the U.K. Despite substantial oil price fluctuations in late 2018, investments in major projects in the North Sea are likely to continue over the course of the next several years. According to a report issued by GlobalData in October 2018, energy companies are set to spend $43 billion on new projects in the North Sea through 2025.