With increased pressure from “green” companies on the industry to stop exploring coupled with the high cost of exploration, will the current pause on exploration end up being a permanent, hard stop.
• What is the future of exploration in the world of the energy transition?
• With huge savings possible by cutting exploration budgets, will today’s cuts end up being a permanent feature?
• With some high value basins still untouched, do companies still have the appetite to explore?
• With the world being a long way off from real alternative to fossil fuels, will exploration bounce back in 2021?