Subsea and maintenance contracts give operators the largest risk. However, that’s not to say other segments aren’t without their fair share of inflationary challenges.
Vår Energi and Equinor have commenced a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport.
Equinor has, together with its partner Wellesley, discovered oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect.
Long-term upstream uncertainty shows no signs of abating, but in the short-term, UK operators are riding high according to Wood Mackenzie, a Verisk business.
