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News

Venezuela’s limited oil sanctions relief

Venezuelan supply “could add to the competition and result in heavier discounts for South American heavy crudes”, [Andres Armijos] continues.

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Eni set to start drilling critical East Med gas well

Welligence Energy Analytics said that “the well confirmed the presence of very good quality sand reservoirs at multiple layers, including some known with commercial discoveries…

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Electrifying the North Sea – Some Key Considerations

On page 19, Dave Moseley discusses the opportunities and challenges of electrification in the UK North Sea.

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Chevron and ExxonMobil raids open a ‘new era of oil mega mergers’

Welligence Energy Analytics said that sector consolidation has been on the agenda in recent years, and is becoming a reality. “We anticipate further consolidation, particularly…

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Upstream M&A heats up in Indonesia as Eni eyes sell down of gas assets

Yet many attractive opportunities remain, report analysts at Welligence Energy Analytics. “Large and small players are looking to bring in partners at what are mostly…

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Eni’s big deep-water gas discovery bodes well for Indonesia

Indeed, analysts at Welligence Energy Analytics noted in a recent report that many attractive opportunities remain in Indonesia. “Large and small players are looking to…

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Offshore Drilling in Lebanon’s Block 9 Still Ongoing, Despite Border Clashes with Israel

According to Welligence Energy Analytics, TotalEnergies is using the Transocean Barents to drill the Qana gas prospect in Block 9, which it says is on…

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Delays at Barossa LNG project prove costly for Santos and Australia

Following the courts’ decisions to overturn approvals made by the offshore regulator – NOPSEMA – for both Barossa and Scarborough, the regulator is reportedly taking…

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Oslo-listed company boosts prospects for Nigeria offshore gas project

The market analyst Welligence Energy Analytics said the deal “consolidates PetroNor’s position and simplifies the JV partnership. This will facilitate quicker decision making as the…

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Elephant Hunt: The Search for the Oil and Gas Supplies to 2050

“High-impact exploration will persist as a high priority, especially for the Majors who need to replenish their reserves and generate returns. We are seeing exploration…

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Recent Posts

  • Welligence | Weekly Quick Takes June 6, 2025
  • Welligence Nigeria M&A | Shell consolidates in OML 118 (Bonga), buys out TotalEnergies for US$510 million June 3, 2025
  • Welligence Mexico | Mexico’s fiscal changes: meaningful reform or a half step? June 3, 2025
  • UAE M&A | LUKOIL doubles down in Abu Dhabi’s offshore ultra-sour gas project as OMV exits June 3, 2025
  • Welligence M&A | Global upstream deal-making in May 2025 – a summary June 3, 2025

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