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News

Arc of instability threatens Sahel’s upstream, pipeline ambitions

“The trend shows that there is a growing political risk in the Sahel, (especially in the Francophone region),” noted Ifeanyi Onyegiri, analyst at upstream consultancyWelligence.…

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Exxon looks for long-term rig duo off Nigeria

Welligence vice president Obo Idornigie said partners in Owowo were planning to tie the field back to Usan FPSO, which is underutilised. “This is encouraging…

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Energy giants place tentative bets on oil finds in ‘wildcat’ Uruguay

“Uruguay has never yielded a commercial discovery… from an oil & gas point of view, it is high risk, but that’s what companies are chasing,”…

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The Fateful Eight: Can the North Sea reach its 2030 electrification target?

Given the high upfront costs, facilities will need “a sufficiently long productive life, at least into the mid-2030s, to make such an investment economically viable,”…

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Shell pushes on with CCS in Southern North Sea transformation

The firm “will need to utilise all decarbonisation levers to achieve this goal,” said Mr Tamayo, “including the divestment of non-strategic assets and CCS”.

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Guyana receives bids for eight oil and gas blocks, including from Exxon and Total

“The government’s strategic objective to lessen the influence by the major players already active in the country looks unlikely to be achieved”, said Andres Armijos,…

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Woodside’s $7.2 Billion Bet on Deepwater Mexico Potential

“… Dominated by the Majors, no company has been able to replicate the success of Trion so far — a testament to the frontier and…

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LNG market braces for Australian strikes

While the global LNG market is “relatively supply constrained”, said Marc Howson, head of Asia Pacific at consultancy Welligence Energy Analytics, “the impact of any…

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Gas off the coast of Tarfaya: Italian ENI takes delivery of the Topaz Driller drilling platform

Consulting firm Welligence pointed out that Cinnamon would be the 16th well drilled in the block and the first since 2014. If successful, the well…

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Eni gears up for Cinnamon spud off Morocco

Welligence reported Cinnamon would be the 16th well drilled on the block and the first since 2014. The consultancy noted the attraction of Morocco’s fiscal…

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Older Posts »

Recent Posts

  • Arc of instability threatens Sahel’s upstream, pipeline ambitions September 21, 2023
  • Exxon looks for long-term rig duo off Nigeria September 21, 2023
  • Oman M&A | Oman’s OQ Group in US$1.4 billion divestment September 19, 2023
  • Energy giants place tentative bets on oil finds in ‘wildcat’ Uruguay September 19, 2023
  • The Fateful Eight: Can the North Sea reach its 2030 electrification target? September 15, 2023

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