Posts by Ifeanyi Onyegiri
What makes Santos so appealing to Abu Dhabi?
Consultants Welligence said XRG is focused on becoming a top-five integrated global gas and LNG player, with 20 million to 25 million tonnes per annum…
Read MoreU.S. Natural Gas Storage Improves, but Long-Term Challenges Remain
U.S. LNG is receiving a boost from the Trump administration’s tariff wars and streamlining of approvals for new projects, said Marc Howson, head of global…
Read MoreWoodside, Uniper Sign US LNG Supply Deal
Despite increasing liquefaction costs, another US LNG FID wave could follow within 12 months,encompassing developments operated by Woodside, Cheniere Energy, and Sempra Infrastructure,said Marc Howson,…
Read MoreNigeria’s Oil Comeback to Test Its Commitment to OPEC+ Cuts
These measures “are starting to bear fruit,” though at a significant cost, said Ifeanyi Onyegiri, a senior analyst for Welligence. Nigeria “should be able to…
Read MoreWelligence Nigeria | Is Nigeria’s oil growth target realistic?
The Nigerian government recently launched an initiative to increase the country’s oil production by a million barrels per day in the next 12 to 24…
Read MoreWelligence Nigeria M&A | Shell divests Nigerian onshore subsidiary in US$2.4 billion deal, pivots portfolio to deep offshore
On 16 January 2024, Shell announced it had agreed the sale of its wholly-owned subsidiary, SPDC, to Renaissance in a deal worth up to US$2.4…
Read MoreArc of instability threatens Sahel’s upstream, pipeline ambitions
“The trend shows that there is a growing political risk in the Sahel, (especially in the Francophone region),” noted Ifeanyi Onyegiri, analyst at upstream consultancyWelligence.…
Read MoreExxon looks for long-term rig duo off Nigeria
Welligence vice president Obo Idornigie said partners in Owowo were planning to tie the field back to Usan FPSO, which is underutilised. “This is encouraging…
Read MoreWelligence Nigeria M&A – Oando consolidates onshore, buys out Eni from NAOC JV
On 4 September 2023, Oando announced the acquisition of Eni’s wholly-owned Nigerian subsidiary, Nigerian Agip Oil Company Ltd (NAOC), for an undisclosed consideration. NAOC has…
Read MoreWelligence Sub-Saharan Africa | LNG powerhouses look to plug feedstock gap
West Africa’s three established LNG suppliers, Angola LNG (ALNG), Equatorial Guinea LNG (EGLNG) and Nigeria LNG (NLNG) have all been struggling to maximise output. With…
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