North Sea - Challenges Opportunities

摘要

1. Reducing Time to First Oil is Feasible:rn1.1 through redeployment of an existing FPF or use of new concepts (e.g. SSP);rn1.2 no options, including subsea tieback, currently achieve breakeven at P90;rn1.3 future success is largely dependent the level of risk that is acceptable relative to the potential upside.rn2. Key Questions:rn2.1 how much of the upside are field owners prepared to give up to progress the development by reducing risk to 'acceptable' levels?rn2.2 how much of the un-risked lease rate are vessel owners willing to sacrifice in exchange for a share of the potential upside?