News
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…
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.”
Read MoreAll eyes on Aker BP as Norway’s largest exploration well is under way
The analytics firm Welligence told Upstream “the Venus licence is to the west of the Johan Castberg development and the Venus well may be within…
Read MoreWould Keir Starmer have changed his mind when he would have attended Devex 2023?
David Moseley from Welligence put another perspective on maturing assets in the North Sea though “As a result of the rapidly declining production from mature…
Read More