Posts by Lauren Mayhew
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…
Read MoreMexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
“Projects such as Zama are expected to aid the long-term production decline that confronts Mexico, Andres Armijos, Welligence’s vice president and head of Latin America…
Read MoreBrazil is Oil Market Wildcard After Near-Million-Barrel Plunge
“Welligence, meanwhile, is more cautious, forecasting daily output of 3.4 million to 3.5 million for the rest of this year. Brazilian production won’t resume 2023s…
Read MoreUAE M&A | PTTEP strengthens UAE portfolio with Ghasha ultra-sour gas acquisition
On 11 June 2024, PTTEP announced that it had acquired a 10% stake in the Ghasha offshore ultra-sour development in Abu Dhabi from Wintershall Dea.…
Read MoreUAE M&A | UAE and Azerbaijan deepen ties as SOCAR awarded stake in Umm Lulu and SARB concession
On 31 May 2024, ADNOC announced it had awarded a 3% interest in the Umm Lulu and Satah al Razboot (SARB) offshore concession to the…
Read MoreNorway | Exploration performance and outlook – Norway in a global context
Norway is one of six key global offshore exploration hotspots, which are together set to see over 200 exploration wells drilled in the next 12…
Read MoreExxonMobil eyes debut in North Africa oil and gas powerhouse
Welligence Energy Analytics said in a LinkedIn post: “We expect more announcements as majors – including Eni, Shell, Equinor and Chevron – look to invest…
Read MoreIraq & Kurdistan | A tale of two halves: Federal Iraq’s pursuit of stability amidst Kurdistan’s export dilemma
Following years of political turbulence and economically unattractive fiscal terms, Iraq has experienced a resurgence of interest in recent years. Thanks to revamped terms under…
Read MoreBig Oil finds more to love in deepwater exploration fields
“Newer deepwater projects have the attributes oil and gas companies are looking for: longer-term production, lower breakeven costs, big resource potentials and lower carbon emissions,…
Read MorePermian gas finds another way to Asia
“The U.S. and Qatar will provide around 50% of total LNG production by 2029, a rapid increase from their 40% combined share in 2023. This…
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