News
Eni 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…
Read MoreMontrose platform looks most likely option for Ithaca K2 discovery – analyst
In a post online, research group Welligence Energy Analytics said: “Commerciality has yet to be established, however, the Repsol-operated Montrose hub, 25km southwest, is arguably…
Read MoreTangguh 3 to boost Indonesia’s LNG exports from next month
The launch of the Abadi project “will help moderate Asian LNG prices from 2030 as regional LNG demand continues to grow while new supplies, particularly…
Read MoreIthaca Energy Strikes Hydrocarbons at UK North Sea Prospect
Welligence Energy Analytics said that the Repsol-operated Montrose hub, 25km southwest of K2, “is arguably the most likely tie-back host given Ithaca’s interest in both…
Read MoreOptimism grows around Mexican upstream
Consultancy Welligence notes that Trion FID “was first targeted for 2022 but delayed due to market uncertainty and high contracting costs.”
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