logo 22–23 October 2020

Market Background & Key Industry Developments over Past 12 Months

  • Persistent low oil prices have meant that government budgets have been stretched as oil revenues have vastly reduced
  • Some governments have changed their fiscal terms to ensure their revenues increase but this can put off investors
  • New finds in Senegal, Guyana mean countries need to reassess the fiscal terms they offer investors
  • Major slowdown in global exploration from the IOCs and independents – how can governments incentivize exploration again?

Keep on top of it all, attend the Government Oil & Gas Fiscal Summit. We have limited space for this event.

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