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Posts by Fernando Tamayo

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.

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Argentina O&G -will there be a post-Covid bounce back?

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

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Cautious outlook for Nigeria’s deepwater oilfields

In response to questions from AfrOil, Idornigie praised the PIB for establishing a stronger foundation for the development of Nigeria’s abundant reserves of natural and…

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Pemex lifts lid on new onshore Mexico discovery with up to 600 million boe

Pemex has a huge portfolio, with more than 200 fields, but two-thirds of them are too small or are losing money,” said Pablo Medina, vice…

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Creará Pemex complejo tras hallazgo de yacimiento

Sin embargo, Pablo Medina, vicepresidente de Welligence Energy Analytics, pidió cautela ante el anuncio, pues Pemex no dio a conocer las reservas de este nuevo…

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Is Nigeria’s deepwater sector on its last legs?

Nigeria’s deepwater sector, which has stagnated at around 700,000 bbl/d of oil since 2010, is at a critical point. The area has been a core…

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Petrobras divestment update – will the change in CEO impact the program?

The pace of the Petrobras divestment program is picking up. The company has continued to sell off its onshore assets, with Petroreconcavo and private equity-backed…

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Barriers to Vaca Muerta gas development

According to Ruaraidh Montgomery, the head of global research at Welligence Energy Analytics, there are two broad structural issues that have undermined development work at…

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Crunch time for Mozambique’s LNG projects

Derek Boulware, vice-president for sub-Saharan Africa at market intelligence firm Welligence Energy Analytics, suggests ExxonMobil may sign a similar agreement once it has taken FID,…

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Americas Upstream M&A Report

Deal flow in the Americas is starting to pick up after a predictably slow 2020. We see a significant uptick in M&A in 2021, with…

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