RE: Upstream should be going very well.21 Jul 2021 22:09
Only interested buyers in the North Sea game these days are private equity backed like hitecvision and black rock - NEO Energy, SVAL Energie, Longboat Energy, Neptune Energy, Siccar Point etc.
Nearly all majors are out now or have things on the block! I will be surprised with high price due to decommissioning liabilities - either big price but keep decommissions liabilities or lower price but off load these
Centrica Storage is closed for storage purposes now but still releasing/producing cushion gas for next few years until depleted and potentially assets offshore can be used as hub host for other third party producing fields. Then again Centrica have been out recently talking up the hydrogen storage potential of Rough
Let’s hope a lot of this gets clarified tomorrow - it’s been such a long drawn out process - one more sleep!