Super-majors continue to drift away from the North Sea, with HitecVision-backed NEO striking a deal to acquire ExxonMobil’s assets. The buyer was staying mum about decommissioning liabilities, as yet impervious to Allister’s probing questions.
Malaysian companies have also been moving into the North Sea but have also been reluctant to shed much light on plans, driving Mark to doorstep one company. It’s a long way from home but there’s still room to run.
Sasol had something to celebrate this week after bouncing back from a terrible 2020. The South Africans still have an emissions problem but, in step with the rest of the industry, they are starting to talk the energy transition talk.