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News

East 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…

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New 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…

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‘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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A $290 Billion Investment Cements Natural Gas’s Relevance for Decades

“Europe’s been a bit shaken by the lack of energy security,” said Marc Howson, head of Asia at Welligence Energy Analytics.

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M&A in the spotlight: Which of the top quality oil and gas independents is next?

“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…

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Lebanon launches third licencing round amid heightened tensions with Israel

A LinkedIn post from analysts at Welligence Energy Analytics said: ‘Lebanon has not quite yet joined the gas exploration success seen in offshore Israel, Cyprus…

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LNG investment: Hydrocarbon challenges or green opportunity?

This decade’s unprecedented LNG supply investment is strongly focused on managing emissions intensity. Wide-ranging measures, particularly CCS, renewable-energy-powered liquefaction trains, carbon offsets and FLNG conversions,…

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Asian LNG demand to rise on lower prices

“Asian LNG demand is increasing as the region is now buying cargos for the peak winter season, supported by recent LNG price declines,” Marc Howson,…

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Global Exploration Outlook

Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of…

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Argentina’s new president promises energy shake-up

This issue extends into the political arena. Any proposed incentives aimed at fostering growth and investment in the Vaca Muerta must navigate the complexities of…

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