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News

Exciting opportunity attracts LNG investors off East Timor

Marc Howson, Head of Asia at Welligence Energy Analytics, told Energy News that “Chuditch is a significant shallow-water discovered gas resource, located near several gas-short…

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Eni starts drilling key well at offshore gas discovery in East Mediterranean

Welligence Energy Analytics in late October suggested that, if successful, Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas…

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Libya’s upstream promise still hamstrung by instability

“There is still division between the country’s two rival leaderships—the internationally recognised government of National Unity, based in the western capital of Tripoli, and the Libyan…

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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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