Research and Markets: Sustained Low Oil Prices Threaten the Development of Northwest Europe's Frontier Basins
November 27 2014 - 11:32AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/nx4vsb/sustained_low_oil)
has announced the addition of the "Sustained Low Oil Prices
Threaten the Development of Northwest Europe's Frontier Basins"
report to their offering.
The partners in the Johan Castberg and Rosebank fields are
continuing to delay the announcement of their Final Investment
Decision in order to spend more time maturing the design for their
field's development concept. This is due to rising development
costs, plummeting commodity prices, uncertainty over the resource
base, and a lack of nearby commercial discoveries. In combination,
these aspects threaten to severely hamper the development of both
Norway and the UK's most promising oil and gas provinces: the
Barents Sea and the West of Shetland.
Scope
- The effect of sustained low oil prices on the development of
the West of Shetlands and Barents Sea
- The importance of the sanctioning of the Rosebank and Johan
Castberg fields to permit the construction of infrastructure that
will provide an export route for the region's hydrocarbons
- Basinal production scenario modelling and analysis through to
2030
- The short term to long term evolution of the West of Shetland
and Barents Sea
Reasons to buy
- Understand the latest developments in the frontier West of
Shetlands and Barents Sea
- The implications of the fall in oil prices on the regions
development, and the oil prices required for project sanction
- Economic analysis of alternative development scenarios for the
Johan Castberg field development
- The opportunities which may arise for IOC's operating in the
region
For more information visit
http://www.researchandmarkets.com/research/nx4vsb/sustained_low_oil
Research and MarketsLaura Wood, Senior
Managerpress@researchandmarkets.comFor E.S.T Office Hours Call
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U.S.): +353-1-481-1716Sector: Oil