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Strategic gas projects worth $25 billion take centre stage at Adnoc’s massive expansion programme
Martin Sherriff, head of Middle East at Welligence Energy Analytics, also sees strong potential in Adnoc’s gas export plans and notes that the development of…
Read MoreKuwait unveils giant oil and gas discovery in promising offshore field
Kuwait’s oil production capacity currently stands at 2.9 million bpd and is expected to reach 3.2 million bpd by 2026. However, the nation currently produces…
Read MoreOil Boom in Namibia: A New Frontier in Global Energy
Shell joins chase for ‘big prize’ off South Africa’s west coast
“If you consider the scale of the opportunity as well as the size of giant discoveries in Namibia, it is really the big prize that…
Read MoreThailand Revises Its Long-Term LNG Needs
The plan also envisages the development of potentially large gas resources in the contested Thailand-Cambodia Overlapping Claims Area (OCA). “As one of Southeast Asia’s most…
Read MoreBrazil awaits contentious Equatorial Margin call
The Equatorial Margin is also seen as crucial to Brazil’s near-term energy security. Beyond simply increasing hydrocarbon exports, “energy security serves as a significant driver…
Read MoreEni to sell upstream assets to experienced US operator
“Both assets are in close proximity and there are joint projects such as the Partial Gas Processing (PGP) project, which involves installing a gas processing…
Read MoreMexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
“Projects such as Zama are expected to aid the long-term production decline that confronts Mexico, Andres Armijos, Welligence’s vice president and head of Latin America…
Read MoreBrazil is Oil Market Wildcard After Near-Million-Barrel Plunge
“Welligence, meanwhile, is more cautious, forecasting daily output of 3.4 million to 3.5 million for the rest of this year. Brazilian production won’t resume 2023s…
Read MoreMajor Oil Find by Tiny Geology Firm Spurs Hope, Doubt in Korea
“You can come up with a lot of theories, but theories will not be proven until you drill the wells”. Suraya Tulot senior upstream analyst…
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