News
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…
Read MoreOffshore 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…
Read MoreDelays 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…
Read MoreOslo-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…
Read MoreElephant 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…
Read MoreIthaca 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,”…
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