Deep Dives
Welligence CCUS | Green lights for North Sea CCS: pioneer projects get the go-ahead in the UK and Denmark
On 10 December 2024, the UK and Denmark announced Final Investment Decisions (FIDs) for key carbon capture, and storage (CCS) projects. These approvals mark essential…
Read MoreUK M&A | Equinor and Shell join forces, creating the largest UK E&P
On 5 December 2024, Equinor and Shell agreed to combine their UK subsidiaries into a joint venture to be owned 50:50 by the two companies.…
Read MoreUK Corporate Strategy | Apache exiting the North Sea – the tip of the iceberg?
Apache is planning to prematurely cease production at its two operated hubs, Beryl and Forties, and exit the UK North Sea by 2030. This is…
Read MoreColombia M&A | GeoPark to acquire Repsol’s Colombia portfolio for US$530 million
On 29 November 2024, GeoPark announced an offer to acquire Repsol’s Colombia portfolio for US$530 million. The portfolio comprises non-operating stakes in five producing assets…
Read MoreNorway M&A | Equinor acquires Sval Energi’s Halten Øst interest
On 7 November 2024, Equinor announced it had acquired Sval Energi’s 11.8% interest in the Halten Øst development for an undisclosed consideration. Halten Øst is…
Read MoreAPGCE 2024 Rumblings on the Ground | Malaysia E&P successfully adapts to Sarawak’s uncertainty
The Welligence team recently attended the Asia Petroleum Geoscience Conference & Exhibition (APGCE 2024) in Kuala Lumpur. The event was an excellent and well-attended forum…
Read MoreWelligence US GoM Benchmarking | Benchmarking the independents – who is set for growth?
The US Gulf of Mexico (US GoM) is home to a vibrant pool of independents. In our latest note, we analyze and benchmark their portfolios,…
Read MoreWelligence | Weekly Quick Takes
This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…
Read MoreWelligence Senegal | Beyond the first barrels: what’s next for Senegal?
This has been a pivotal year for Senegal – it became an oil producer in June with the start-up of Woodside’s Sangomar field, and it…
Read MoreBrazil Rumblings on the Ground | Brazilian upstream market: evolution or regression?
Welligence recently visited Rio de Janeiro, Brazil, to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and discuss the…
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