Shows, shortfalls and executive spats

The show is, if not quite over for Offshore Europe, certainly delayed until next year, it emerged this week, as the ongoing pandemic threw yet another spanner in conference organisers’ plans. Others will be watching the numbers closely and crossing their fingers that 2022 doesn’t turn out like 2020 or 2021. 

Oil and gas prices have given some respite to companies, although friend-of-the-show Dale Vince has called for a windfall tax. Industry would suffer, but the optics may look appealing for politicians worried about inflation. 

Finally, we look to Nigeria where Austin Avuru has come under fire from former employer Seplat for competing designs on a package of Exxon assets. While the dispute will not go down well with shareholders, it is nice to see enthusiasm for mature assets, even where it might boil over into slanging matches. 

 

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