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News

Woodside’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…

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LNG 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…

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Gas 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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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…

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Brazilian 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…

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Pertamina 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…

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Eni 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…

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Divestments 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.…

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Egypt 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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Montrose 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…

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Recent Posts

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  • Welligence Europe Q2 2025 M&A Quarterly | A quiet quarter for M&A July 3, 2025
  • Welligence Global M&A | Global Upstream deal-making in June 2025 – a summary July 2, 2025

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