The changing landscape of north-west Europe
A rebound in the region is happening above and below water
The activity level in north-west Europe has rebounded in the past year driven by the revitalised oil price. Equinor, the most important operator in the region, is currently developing a record amount of projects simultaneously. In Denmark, the French giant Total is undertaking the redevelopment of the central Tyra hub. In the UK several mega-projects are nearing completion along with a multitude of smaller projects. Overall, the region illustrates a wide spectrum of activity, development concepts, companies and strategies that can be deployed to maximise the economic value of the natural resources. The first notable difference between the current development boom versus the boom from 2010 to
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The March 2026 issue of Petroleum Economist is out now!
