Analyst Says ‘Uncertainties Remain’ at BP Bumerangue Find
“BP’s disclosure of the Bumerangue discovery points to a potentially material find, though uncertainties remain regarding its size and commercial viability.” That’s what Obo Idornigie,…
Read MoreAngola’s gas breakthrough
“The bigger picture is the attractive environment that has been created and increasing proof that Angola is a good place to do business and create…
Read MoreCompany Spotlight | Energean – What is next for Energean after the Carlyle deal cancellation?
Energean has rapidly grown production within five years, establishing itself as a key East Med gas producer. What’s next after the Caryle deal cancellation? CLIENT…
Read MoreWelligence Corporate | Chevron’s deepwater future – growth, exploration and asset sales
After Hess was announced the winner by an international arbitration tribunal in the dispute with ExxonMobil and CNOOC over pre-emption rights regarding the Stabroek project…
Read MoreWelligence says Chevron must tread carefully operating in Guyana because of border controversy
Following the closure of the Chevron-Hess merger, market intelligence firm Welligence is advising that Chevron, now holding a 30% stake in Guyana’s Stabroek Block, to act…
Read MoreWhat Is The Biggest Oil Discovery of All Time?
Moseley told Rigzone that “Ghawar in Saudi Arabia is often considered the largest conventional oil discovery globally”. When Rigzone asked Moseley if we are likely…
Read MoreWelligence Guyana Corporate | Hess Wins Arbitration in Dispute Over Chevron Merger
An international arbitration tribunal acting under the ICC Arbitration Rules has ruled in favour of Hess, dismissing ExxonMobil and CNOOC’s claim that their pre-emption rights…
Read MoreChasing Barrels: Atlantic Margin, Southeast Asia Top Exploration Targets
Over the next 2 to 3 years explorers are expected to target about 50 billion BOE of reserves, Ruaraidh Montgomery, head of energy trends and…
Read MoreWelligence Energy Transition | Quantifying the Advantage: Emissions Lessons from the US L48
The U.S. upstream oil and gas sector, particularly in the US Lower 48 (L48), represents the most diverse upstream ecosystem in the world. This region…
Read MoreMideast war highlights Egypt’s energy weak spot
Production is expected to average 4.4 to 4.6 bcf/d this year, according to Martin Sherriff, an analyst at consultancy Welligence Energy Analytics. It is, however,…
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