News
Guyana 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…
Read MoreEni gears up for Cinnamon spud off Morocco
Welligence reported Cinnamon would be the 16th well drilled on the block and the first since 2014. The consultancy noted the attraction of Morocco’s fiscal…
Read MoreBrazilian upstream enjoys bumper year
“Despite the stringent environmental process, which has led several companies to abandon exploration plans in [the Foz do Amazonas Basin], we believe a glimmmer of…
Read MorePertamina Pursues Overseas M&A to Meet Domestic Goals
Pertamina’s most recent acquisitions have focused on already producing assets in jurisdictions where the company has been for several years. That means it is investing…
Read MoreEni drills wildcat well in Angoche Basin offshore Mozambique
Italian oil company Eni is drilling its Raia-1 well located in Block A5-A of the Angoche Basin offshore Mozambique. According to a note from Welligence…
Read MoreDivestments Boost Key Indonesian Gas Projects
Marc Howson, head of Asia at consultancy Welligence Energy Analytics believes that the Shell divestment is “positive news” for Japan’s Inpex, which will operate Abadi.…
Read MoreEgypt green lights oil and gas deals worth $319 million
Egypt has lined up plans to drill for a total of 35 exploration wells in the next two years costing $1.8 billion, consultancy Welligence Energy…
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