Fernando Tamayo, Author at Welligence

Americas Upstream M&A Report – YPF follows in the footsteps of Petrobras with mature fields sell-off

Deal flow remains quiet in the Americas, but we expect a pick-up in activity in the next few months as Petrobras closes out several ongoing…

Leopard roars for Shell in the US Gulf of Mexico

Shell (50%, operator) and Chevron (50%) have unveiled a ‘significant’ Perdido discovery at Leopard in Alaminos Canyon. This continues the 2021 run of exploration success…

Colombia E&P in 2021 – M&A, ESG… and unconventionals?!

Wellcome to the Welligence “Rumblings on the Ground” series. Over the last few weeks, Welligence has spoken with the key players on the ground in…

CNOOC International’s Mexican dream fades, but more drilling to come

The wildcat was pursuing a target in the Lower Paleogene, according to consultancy firm Welligence, and was rated as a prospective resource of 1.34 billion…

Equatorial Guinea – is the upstream sector set for a Major overhaul?

Equatorial Guinea is a well-established oil and gas producer in West Africa. It hosts the Punta Europa gas complex, home to EG LNG, methanol manufacturing…

Ecuador’s new president – finding the balance between ESG and upstream investment

This month’s victory of business-friendly presidential candidate Guillermo Lasso is positive news for the country’s E&P sector. Ecuador’s reserves and production have been declining for…

Will Suriname’s shallow-water round live up to the hype?

Suriname’s ongoing bid round offers companies the chance to build exposure to the Guyana Basin, the world’s number one exploration play. Interest in the basin…

How Brazil is opening up Latin America’s biggest investment opportunities

We recently held a panel session “Upstream Brazil – opportunities for every E&P” with key industry representatives. This report summarizes our key takeaways from the…

OPINION: The Mexican oil sector showed signs of moving forward this week.

A study by energy consultancy Welligence showed that two-thirds of the 200-plus fields that Pemex operates are either losing money or becoming marginal.