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News

Big 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,…

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Permian 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…

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North 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…

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Decarbonization 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,…

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Industry 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…

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Renovación 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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Vaca Muerta wins markets in the region: Bolivia already imports oil from Neuquén

Andrés Armijos, head of LATAM at the Houston-based consulting firm Welligence Energy Analytics, confirmed that Bolivia has not been successful in its exploratory plans to…

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LNG prices face rebound as supply tightens

“Very limited new LNG supply is arriving in 2024,” Marc Howson, head of Asia Pacific & Global LNG at Welligence Energy Analytics, told Montel on…

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Eni has another barnstorming oil discovery in West Africa ‘hot spot’

A note from Welligence Energy Analytics said Eni’s discovery “bodes well” for US-based Murphy, which “picked up a substantial acreage position in the country last…

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No more drilling on Forties and Beryl – a perfect storm for the UK’s energy security?

“I WOULD NOT call it a perfect storm”, concludes David Moseley, vice-president operations Europe at intelligence firm Welligence at the end of his Aberdeen Energy…

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