News
Ithaca hits pause on West of Shetlands electrification
David Moseley, vice president for North Sea research at Welligence said pausing electrification efforts would be logical for Ithaca. “It seems likely that Ithaca will…
Read MoreArc of instability threatens Sahel’s upstream, pipeline ambitions
“The trend shows that there is a growing political risk in the Sahel, (especially in the Francophone region),” noted Ifeanyi Onyegiri, analyst at upstream consultancyWelligence.…
Read MoreExxon looks for long-term rig duo off Nigeria
Welligence vice president Obo Idornigie said partners in Owowo were planning to tie the field back to Usan FPSO, which is underutilised. “This is encouraging…
Read MoreEnergy giants place tentative bets on oil finds in ‘wildcat’ Uruguay
“Uruguay has never yielded a commercial discovery… from an oil & gas point of view, it is high risk, but that’s what companies are chasing,”…
Read MoreThe Fateful Eight: Can the North Sea reach its 2030 electrification target?
Given the high upfront costs, facilities will need “a sufficiently long productive life, at least into the mid-2030s, to make such an investment economically viable,”…
Read MoreShell pushes on with CCS in Southern North Sea transformation
The firm “will need to utilise all decarbonisation levers to achieve this goal,” said Mr Tamayo, “including the divestment of non-strategic assets and CCS”.
Read MoreGuyana receives bids for eight oil and gas blocks, including from Exxon and Total
“The government’s strategic objective to lessen the influence by the major players already active in the country looks unlikely to be achieved”, said Andres Armijos,…
Read MoreWoodside’s $7.2 Billion Bet on Deepwater Mexico Potential
“… Dominated by the Majors, no company has been able to replicate the success of Trion so far — a testament to the frontier and…
Read MoreLNG market braces for Australian strikes
While the global LNG market is “relatively supply constrained”, said Marc Howson, head of Asia Pacific at consultancy Welligence Energy Analytics, “the impact of any…
Read MoreGas off the coast of Tarfaya: Italian ENI takes delivery of the Topaz Driller drilling platform
Consulting firm Welligence pointed out that Cinnamon would be the 16th well drilled in the block and the first since 2014. If successful, the well…
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