Personal commentary

Journal article

In the many shocks and turning points in the upstream oil and gas industry over recent decades, the dominant teams, and the playing fields or leagues in which they compete, have changed. Technology has changed too – the equivalent of new racquets or clubs which give a temporary advantage to those who have them. Each change results in a market reaction, with sometimes unexpected consequences. The objective has remained the same throughout – finding and producing hydrocarbons in the most commercially competitive and environmentally sensitive way. Technology has always been central to this. The overlay of climate change concerns adds to the challenge of meeting the world’s energy needs and increases complexity.

Authors: Moody-Stuart, M

• Publication status: Published
• Peer review status: Peer reviewed
• Publisher: Oxford Institute for Energy Studies
• Journal: Oxford Energy Forum
• Volume: September 2008
• Issue: 74
• Pages: 18-19
• Publication date: 2008-09-01
• Edition: Publisher's version
• ISSN: 0959-7727
• Language: English
• Keywords: OIES