Alex Hazel, Author at Welligence

UK M&A | Ithaca Energy and Eni agree North Sea merger

On 23 April 2024, Ithaca Energy announced that the proposed merger with Eni’s North Sea business, as reported as part of its 2023 results on…

Europe Q1 2024 M&A Quarterly | Deal making on pause, but for how long?

Just one asset deal was announced in Q1 2024, a step change from the nine in Q4 2023, representing a low level of activity not…

UK M&A | Ithaca Energy and Eni propose North Sea merger

On 27 March 2024, Ithaca Energy released its 2023 results and simultaneously announced that it had entered into a four week long Exclusivity Agreement in…

Industry challenges analysis claiming windfall tax win for UK Treasury

“The introduction of the EPL made companies a lot more uncertain around progressing greenfield and brownfield projects,” Welligence Energy Analytics vice-president of operations David Moseley…

Norway | What next for Vår Energi after Neptune Energy Norge takeover?

Following the takeover of Neptune Energy Norge, the report explores Vår’s announced strategy and potential paths to meet its announced targets. ACCESS PDF

No more drilling on Forties and Beryl – a perfect storm for the UK’s energy security?

“I WOULD NOT call it a perfect storm”, concludes David Moseley, vice-president operations Europe at intelligence firm Welligence at the end of his Aberdeen Energy…

Welligence UK Fiscal & Policy | Labour’s proposed windfall tax terms – another damaging shift in policy on the cards?

On 8 February, the Labour Party announced that it was reducing its £28bn annual expenditure target on green/renewable energy. As part of this announcement and…

UK Licensing | Big players continue to dominate 33rd Round awards

On 31 January 2024, the NSTA announced the offers of awards in the second tranche of the 33rd Offshore Licensing Round. A total of 24…

East of Shetland: Will the UK’s heavy oilfields overcome their challenges?

David Moseley, vice president of operations at Welligence saying: “Heavy oil developments require significant capex, opex and are subject to longer pay back periods, as…