News
M&A heats up as JERA buys Scarborough stake from Woodside
“Australia remains a global hotspot for LNG M&A. The country offers large undeveloped gas resources, located relatively close to fast-growing Asian markets. Australia also offers…
Read MoreWhat follows the collapse of Woodside-Santos merger talks?
Welligence senior APAC upstream analyst Eugene Chiam told ENB that as Woodside continues to farm down some of its high exposure to large Australian projects,…
Read MoreQatar state giant poised to offer multiple contracts for up to $18 billion gas field expansion
Martin Sherriff, the head of Middle East at Welligence Energy Analytics noted that he expects that Qatar’s fresh expansion phase could be similar to NFS…
Read MoreIndonesia looks to gas to cover growing energy
TotalEnergies betting on Malaysia upstream after acquisition
TotalEnergies has established a gas foothold in Malaysia after it recently agreed to acquire OMV’s 50% stake in the SapuraOMV JV for US$903 million. Significantly,…
Read MoreCan Petrobras walk the line between the state and the pre-salt?
Welligence Energy Analytics vice president Andre Fagundes noted that most of the spending was going to projects already in progress, in particular the deployment of…
Read MoreShell demonstrates renewed focus on hydrocarbons
“The European majors are battling pressures from investors to reduce emissions while maintaining strong shareholder returns… Shell’s shift in strategy is largely explained by CEO…
Read MoreEast of Shetland: Will the UK’s heavy oilfields overcome their challenges?
David Moseley, vice president of operations at Welligence saying: “Heavy oil developments require significant capex, opex and are subject to longer pay back periods, as…
Read MoreNew Finds Could Revive Indonesia’s Arun LNG Export Plans
“The world will be so reliant on the US and Qatar, which will supply around half of the world’s entire LNG by 2030, that diversification…
Read More‘Satisfied’: European major happy with result of Mediterranean Sea well
Welligence Energy Analytics also suggested Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas sold to the gas-hungry Egyptian…
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