News
Egypt launches new offshore bid round
Welligence Energy Analytics noted in a LinkedIn post that Ganope held a Red Sea bid round in 2019 which saw Chevron awarded Block 1, Shell…
Read MoreUpcoming COP will be toughest climate gathering yet
According to Juan Agudelo, head of energy transition at Welligence Energy Analytics, the main challenge at COP30 will be “finding consensus on actions that genuinely…
Read MoreTexas is facing a ‘broken’ shale industry. AI’s power needs could be a lifeline.
Markus Mowatt-Larssen, an energy transition analyst at Welligence, noted that West Texas has an abundance of open land suitable for building both data centers and…
Read MoreNorth American Projects, Players and Deals in LNG’s Spotlight
“In 2025 to-date, five out of the six liquefaction projects reaching Final Investment Decisions (FID) globally, representing around 90% of liquefaction capacity, are located on…
Read MoreThe shrinking pool of large international E&P companies
“The group of large international E&Ps has been steadily shrinking. Over the past five years, companies in the peer group, including Noble Energy, Marathon, and…
Read MoreEquinor prepares to start delayed deepwater project offshore Brazil
“Ultra-deep reservoirs, high pressure, and full gas reinjection have stretched costs and project timelines,” said Andre Fagundes, a vice president at energy consultancy Welligence who…
Read MorePetronas offers another cluster of discoveries
Consultant Welligence Energy Analytics on LinkedIn noted that the Estuary Cluster is located approximately 30 kilometres from the nearest existing infrastructure on EnQuest’s PM8 Extension,…
Read MoreAnother exploration well planned in Australian offshore gas hunt
“The aim is to increase local gas supplies rapidly, as the gas-short Australian East Coast ruminates on importing LNG,” said Welligence Energy Analytics. “The need…
Read MoreAdnoc’s XRG calls off $18.7 billion Santos acquisition
Marc Howson, head of APAC at energy consultancy Welligence, told Upstream on Wednesday: “XRG is focused on becoming a top-five integrated global gas and LNG player,…
Read MoreEnergy & Utilities Roundup: Market Talk
“People are talking about too much supply chasing too little demand. There is demand out there, but it has not been growing at the same…
Read More