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Posts by Lauren Mayhew

North Africa Benchmarking | Balancing the barrels (part 2): How do North Africa’s fiscal regimes stack up?

Following on from our study on the impact of fiscal policies on Middle Eastern oil finds, published in August, Welligence Energy Analytics has now modelled…

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Oman M&A | ROC Oil makes MENA debut in Oman with US$185 million Tethys Oil acquisition

On 13 September 2024, ROC Oil announced a US$185 million cash offer to acquire Tethys Oil including its 30% interest in the onshore producing Blocks…

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Roc Oil swoops on Tethys Oil in $185 million all-cash offer

“A sale by Tethys has been anticipated since it announced a strategic review of its portfolio in February, with high levels of interest seen by…

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Welligence Middle East | Balancing the barrels: The impact of fiscal policies on Middle Eastern oil finds

Welligence Energy Analytics has modelled a representative oil field under the fiscal regimes of select Middle Eastern countries; Iraq, the Kurdistan Region of Iraq (KRI),…

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Latest contract awards give new momentum to Saudi Aramco offshore expansion projects

Martin Sherriff, head of Middle East at Welligence Energy Analytics, told Upstream that Aramco has a decent “track record of bringing projects online on time”…

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Strategic gas projects worth $25 billion take centre stage at Adnoc’s massive expansion programme

Martin Sherriff, head of Middle East at Welligence Energy Analytics, also sees strong potential in Adnoc’s gas export plans and notes that the development of…

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Kuwait unveils giant oil and gas discovery in promising offshore field

Kuwait’s oil production capacity currently stands at 2.9 million bpd and is expected to reach 3.2 million bpd by 2026. However, the nation currently produces…

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UK M&A | Prax acquires TotalEnergies’ West of Shetlands assets

On 27 June 2024, TotalEnergies announced the sale of its West of Shetlands assets to Prax Group for an undisclosed consideration. The deal includes 40%…

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Brazil awaits contentious Equatorial Margin call

The Equatorial Margin is also seen as crucial to Brazil’s near-term energy security. Beyond simply increasing hydrocarbon exports, “energy security serves as a significant driver…

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Eni to sell upstream assets to experienced US operator

“Both assets are in close proximity and there are joint projects such as the Partial Gas Processing (PGP) project, which involves installing a gas processing…

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