News
Can the UKCS adapt again?
While the North Sea has had a “turbulent” history of tax changes, “these have on balance been reduced over the last decade because it was…
Read More‘Minimal scope’ to fast-track North Sea projects in wake of Jackdaw approval
David Moseley, vice president of North Sea research at Welligence, was unconvinced it would herald an acceleration in development timelines for other fields. “The hurdles…
Read MoreBallymore FID no herald of GoM renaissance
“Companies are not making investment decisions based on today’s oil price” says Matt Snyder, Vice President and head of GoM research at Welligence Energy Analytics.
Read MoreCan sub-Saharan Africa help fill the EU’s gas gap?
Africa has potential to expand LNG exports, but its additional contribution is likely to remain limited.
Read MoreThe Not-So-Dirty Dozen: Key North Sea hubs still producing in 2032
Dave Moseley said: “This is us taking a view on that based on longevity of hubs, upside around certain fields and also assets that are…
Read MoreItaly’s ENI to tap North African gas for Europe
Ross Cassidy, the vice president of MENA research at Welligence Energy Analytics, also believes that while North Africa can help diversify gas supplies to Europe,…
Read MoreExxonMobil maintains breakneck Stabroek pace
The FID announcement “underlines Stabroek’s importance to ExxonMobil and its partners”, says Andre Fagundes, vice-president at consultancy Welligence Energy Analytics.
Read MoreNew Cambo owners making ‘billion-pound gamble’ say campaigners
John Corr, VP and head of North Sea at Welligence Energy Analytics said the figures appeared to represent a “significant premium being paid” “With the…
Read MoreHarbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
Mr Moseley said: “With Harbour Energy and NEO also holding interests in Buzzard and Golden Eagle respectively, these are arguably the most obvious candidates. “Waldorf…
Read MoreVenezuela’s crude capacity in question
“It would be difficult to see [Venezuela] able to increase production in a quick and sustained manner”, Rios, Welligence
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