Posts by Fernando Tamayo
Analysis: Green Volt wind farm would cut carbon and costs at Buzzard oilfield
According to analyst firm Welligence, electrifying Buzzard through the 560 megawatt wind farm would cut the need for gas and diesel consumption by 80% and…
Read MoreDecarbonization Strategies in the Offshore Oil and Gas Industry: Navigating the Path Forward
“Over 83% of companies we are tracking across the upstream sector have established greenhouse gas (GHG) emissions reduction targets. The number will rise as NOCs,…
Read MoreWelligence CCUS | TotalEnergies’ acquisition of Talos Low Carbon Solutions: accelerating CCS in the US
TotalEnergies has acquired Talos Low Carbon Solutions (TLCS), a wholly-owned subsidiary of Talos Energy, in a deal valued at US$148 million. The consideration comprises a…
Read MoreWelligence CCUS | Harbour Energy’s acquisition of Wintershall Dea creates a European CCS powerhouse?
The combination of Harbour Energy and Wintershall Dea will create a major CCS player. Harbour will increase its net CCS acreage in the North Sea…
Read MoreWelligence Energy Transition | The Petrobras Paradox: Can output be increased while pursuing decarbonization goals?
Petrobras has made ambitious and comprehensive energy transition targets. It aims to maintain an upstream emissions intensity of 15 kgCO2e/boe between 2025 and 2030 and…
Read MoreThe Fateful Eight: Can the North Sea reach its 2030 electrification target?
Given the high upfront costs, facilities will need “a sufficiently long productive life, at least into the mid-2030s, to make such an investment economically viable,”…
Read MoreShell pushes on with CCS in Southern North Sea transformation
The firm “will need to utilise all decarbonisation levers to achieve this goal,” said Mr Tamayo, “including the divestment of non-strategic assets and CCS”.
Read MoreEnergy Transition | How can E&Ps drive down emissions?
Welligence has launched the Energy Transition Targets Tracker to help our clients keep track of upstream decarbonization goals.At least 95 companies have made public commitments…
Read MoreWelligence M&A | ExxonMobil’s Denbury acquisition: the largest CCS deal to date
ExxonMobil announced today that it has entered into a definitive agreement to acquire Denbury Inc. in an all-stock transaction valued at US$4.9 billion (US$89.45 per…
Read MoreEnergy Transition | Offshore GHG Benchmarking: making sense of all the noise
GHG emissions have emerged as a crucial factor in the decision-making process for oil and gas investments. It holds the same level of significance as…
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