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Posts by Eugene Chiam

Gas-Focused Indonesian E&P Revival Gathers Pace

Despite setbacks in the past decade, Indonesia’s upstream remains of interest to a wide range of companies, including BP, Eni, Petronas, Mubadala, MedcoEnergi, Harbour and…

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Singapore International Energy Week: Doubling down on gas | Why the world needs a realistic energy transition plan

Welligence attended this year’s edition of the Singapore International Energy Week (SIEW), from 21-25 October 2024. Notable speakers and guests included Aramco’s CEO Mr Amir Naseer, IEA’s Executive…

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Rumblings on the Ground Southeast Asia | Southeast Asia’s upstream rejuvenation continues

Welligence executives recently visited several Southeast Asian countries. We met with key industry stakeholders to gauge the region’s energy outlook and discuss updates on key…

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Contracting heavyweight poised to win sizeable offshore deal for work on world’s largest gas field

Marc Howson, head of Asia Pacific and global LNG at Welligence Energy Analytics, recently told Upstream that the US and Qatar will increasingly dominate global…

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New Zealand pivots on exploration ban and LNG imports

New Zealand’s government has announced plans to reverse the 2018 ban on offshore oil and gas exploration and take urgent steps to facilitate LNG imports,…

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Eni starts new drilling campaign in one of its global gas hotspots

“The firm Indonesian wells, comprised of both development and exploration wells, are planned to be drilled from August 2024 to June 2025, in the Muara…

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US LNG exporters looking beyond permitting pause

Although the US is still projected to be one of the dominant LNG forces through the end of the decade, Asian buyers, particularly those in…

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Expansion of world’s largest gas field gains momentum as state giant offers billions of dollars worth of contracts

Marc Howson, head of Asia Pacific and global LNG at Welligence Energy Analytics, tells Upstream that the US and Qatar will increasingly dominate global LNG…

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Thailand Revises Its Long-Term LNG Needs

The plan also envisages the development of potentially large gas resources in the contested Thailand-Cambodia Overlapping Claims Area (OCA). “As one of Southeast Asia’s most…

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Brunei M&A | Hibiscus Petroleum acquires TotalEnergies Brunei

On 14 June 2024, Hibiscus Petroleum announced that it had entered into a conditional Share Purchase Agreement to acquire all of TotalEnergies’s Brunei portfolio for…

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