News
The 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 MoreSantos lifts lid on Adnoc deal collapse
Consultancy Welligence Energy Analytics earlier said that the XRG Consortium’s bid for Santos came “as no surprise”. “After rejecting Harbour Energy’s attempts to buy the…
Read MoreFive to watch: The Middle East’s $150 billion oil and gas megaprojects
Carlos Bellorin, executive vice president for energy trends and analysis at Welligence Energy Analytics, believes that the UAE’s oilfield expansion drive, on the back of…
Read MoreGuyana among nations overhauling petroleum laws to attract investment – GEOExPro
The report, authored by Carlos Bellorin and Ruaraidh Montgomery of Welligence Energy Analytics, stated that between 2019 and 2025, at least 72 countries implemented major…
Read MoreTalos Energy confirms promising oil find at Daenerys in US Gulf of Mexico
“This is good news for the US GoM, which has seen only limited exploration success in recent years,” Welligence Energy Analytics stated on its LinkedIn today. “Furthermore,…
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