In this issue

The chairman of the UK's Oil and Gas Authority has warned that the industry may lose its "social licence to operate" if it cannot show itself to be part of the solution to the climate crisis. We investigate the threat to the industry.

BP and Chevron have partnered to fund new exploration initiatives in Australia. We look into where the funding will be going and what it means for the Australian offshore sector. And with production beginning at Johan Sverdrup, we ask if the best is good enough when it comes to greening offshore discoveries.

Elsewhere, we speak to senior economist Hans van Cleef about ABN AMRO's predictions of uncertain performance from OPEC in the coming year. We also find out how offshore firms can be part of the eco-solution.

Finally, we examine asset life extensions, what goes into pitching decommissioning services, and India's scrapping of green clearances for the offshore sector.

Callum Tyndall, editor

05/13/2020 00:26:08