News
Major 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…
Read MoreExxonMobil eyes debut in North Africa oil and gas powerhouse
Welligence Energy Analytics said in a LinkedIn post: “We expect more announcements as majors – including Eni, Shell, Equinor and Chevron – look to invest…
Read MoreElectrify the North Sea, or else?
“The electrification process necessitates comprehensive platform redesigns to accommodate the new systems,” Welligence Energy Analytics senior analyst for energy transition Fernando Tamayo told E-FWD. “In…
Read MoreAnalysis: Green Volt wind farm would cut carbon and costs at Buzzard oilfield
According to analyst firm Welligence, electrifying Buzzard through the 560 megawatt wind farm would cut the need for gas and diesel consumption by 80% and…
Read MoreBig Oil finds more to love in deepwater exploration fields
“Newer deepwater projects have the attributes oil and gas companies are looking for: longer-term production, lower breakeven costs, big resource potentials and lower carbon emissions,…
Read MorePermian gas finds another way to Asia
“The U.S. and Qatar will provide around 50% of total LNG production by 2029, a rapid increase from their 40% combined share in 2023. This…
Read MoreNorth Sea redevelopments ‘on the rise’, but which projects are seeing success?
Vice president of operations for Europe at Welligence Energy Analytics, David Moseley, noted this trend. “The number of redevelopment projects in the UK is on…
Read MoreDecarbonization Strategies in the Offshore Oil and Gas Industry: Navigating the Path Forward
“Over 83% of companies we are tracking across the upstream sector have established greenhouse gas (GHG) emissions reduction targets. The number will rise as NOCs,…
Read MoreIndustry challenges analysis claiming windfall tax win for UK Treasury
“The introduction of the EPL made companies a lot more uncertain around progressing greenfield and brownfield projects,” Welligence Energy Analytics vice-president of operations David Moseley…
Read MoreRenovación de Pemex: Desbloqueando su potencial
Welligence sugiere un plan de desinversión, enfocándose en retener los 25 campos más productivos (85% del valor del portafolio y 76% de producción) y monetizar…
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