The Financial Times, in partnership with SPE Offshore Europe, presents the Oil & Gas Finance and Investment Forum which provides a collection of valuable insights on the role of finance in the upstream oil & gas Industry. The day will be led by investors, financiers, CFOs and other key stakeholders from across the industry.
These are challenging times for the oil & gas industry, and for those charged with navigating a path to future profitability. The volatility which has characterised the oil price in recent years looks set to continue, hampering the process of effective resource allocation and investment decision-making. The pace and scale of the energy transition remain uncertain, and as the sector searches for new sources of finance, they face increasing competition for capital and a new kind of activist investor more acutely attuned to the potential of climate-related and transition risk and the impact on carbon-intense industries. Closer to home, the North Sea remains challenging terrain, although a new generation of innovative, private equity-backed E&P companies are revitalising assets and bringing much needed new ideas and disruption to reinvigorate the basin.