News
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…
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 MoreWindfall Tax price floor: What difference will it make to the North Sea?
“Rather than attract a wave of new investment, the introduction of the price floor will most likely only bolster the chances of companies proceeding with…
Read MoreExploration basins of the future
When it comes to exploration, Welligence’s Lauren Mayhew reminds us that “new plays can unlock new life” in the Petroleum Economist’s latest article on exploration.
Read MoreObservers welcome Talos’ 50% sale of Zama but questions remain regarding first oil
Andres Armijos, Head of Latin America research at Welligence, said that the sale is clearly “a way to monetize the efforts Talos has made in…
Read MoreDid the EPL’s ‘damaging’ impact on JAPEX cause the firm to look to Norway?
Welligence’s Head of North Sea John Corr says “For companies like JAPEX, with a single development asset in their UK portfolio, the EPL is particularly…
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