Posts by Ruaraidh Montgomery
West of Shetland oilfields due for $500m value bump from electrification
Welligence added: “Furthermore, the additional revenue from previously consumed gas, and carbon tax savings, increase the Net Present Value10 of the projects by US$0.5 billion,…
Read MoreReport: Chevron strikes gas off Egypt
“Chevron has a strong position in the East Mediterranean after acquiring Noble Energy in 2020,” Welligence said. “Exploration in the area has ramped up this…
Read MoreBrazilian field on track for first oil in 1Q 2023
Commenting on this, Welligence Energy Analytics, said: “For independents like Karoon, this type of development strategy is compelling. Its short-cycle nature can yield attractive returns…
Read MoreCould A Controversial Chevron Deal Be A Prelude To Venezuela’s Oil Renaissance?
Andres Armijos, director of Latin America research at oilfield data provider Welligence, says this deal is a prerequisite step toward eventually removing sanctions and reintegrating…
Read MoreWelligence Malaysia Rumblings on the Ground | Malaysia’s evolving energy landscape – CCS set to kick-off as independents target growth
This week the Welligence team attended the Asia Petroleum Geoscience Conference & Exhibition (APGCE) in Kuala Lumpur. The event provided an excellent and well-attended forum…
Read MoreWelligence Qatar LNG | Major IOCs grow LNG portfolios in Qatar’s North Field South expansion awards
The past month has seen multiple international partners awarded equity in the second expansion phase of Qatar’s North Field, North Field South Expansion Project (NFS),…
Read MoreSinopec snaps up first NFE LNG offtake deal with Qatar
“It’s a vote of confidence in gas demand running into the 2050s, both in terms of size and duration, said Welligence Energy head of Asia…
Read MoreWelligence Rumblings on the Ground – ADIPEC 2022 – The mantra of ADIPEC – “maximum energy, minimum emissions” – how will it play out in the region?
Welligence attended ADIPEC 2022 in Abu Dhabi, United Arab Emirates (UAE). This was the largest edition of ADIPEC, estimated at well over 100,000 visitors from…
Read MoreWelligence MENA M&A | NewMed Energy and Capricorn Energy to merge and form leading gas-focused independent
Capricorn is recommending a merger with NewMed Energy through a reverse takeover, dropping a previous plan to merge with Tullow Oil following strong shareholder opposition…
Read MoreWelligence Rumblings on the Ground — Indonesia — September 2022
Last week, the Welligence team attended the Indonesian Petroleum Association (IPA) conference in Jakarta. It was great to be back in Indonesia and invigorating…
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