Welligence Global offshore project execution: What have we learnt so far?
Offshore projects sanctioned between 2019 to 2021 were hit by cost overruns and delays due to Covid restrictions. What is the outlook for the next…
Read MoreWelligence US Gulf of America (GoM) Development | Chevron’s Anchor – 20k era off to strong start with top tier well performance
First oil from Chevron’s Anchor development was achieved in August 2024 with two wells brought online, marking a key milestone as the first development in…
Read MoreUAE Development | Abu Dhabi to start reaping the rewards from its 2018 and 2019 bid rounds
In April 2018, ADNOC launched the first competitive bid round for new oil and gas licenses in the emirates’ history, followed by a second round…
Read MoreWelligence Australia | Australian gas/LNG shortfalls: Beetaloo to the rescue?
The Beetaloo Basin’s vast onshore shale gas resources offer a unique opportunity to address southeastern Australia’s looming LNG import needs and also revitalise the country’s…
Read MoreWelligence North Africa and the East Med Gas | Is the region poised for growth?
Gas focussed exploration and development activity is due to increase with the Majors starting exploration campaigns and making decisions on key gas developments, and the…
Read MoreUS GoM Development | Chevron’s Anchor development kicks off the 20k era
First oil from Chevron’s Anchor development (12 August 2024) marks a couple of important milestones – not only is it the beginning of production from…
Read MoreLatest contract awards give new momentum to Saudi Aramco offshore expansion projects
Martin Sherriff, head of Middle East at Welligence Energy Analytics, told Upstream that Aramco has a decent “track record of bringing projects online on time”…
Read MoreWelligence Global FPSO Outlook | Tapping into the idle FPSO fleet in the face of high industry costs and project delays
The demand for FPSOs has been picking up since the market slowdown of 2020/2021. But upstream supply chain tightness is now weighing on project…
Read MoreMexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
“Projects such as Zama are expected to aid the long-term production decline that confronts Mexico, Andres Armijos, Welligence’s vice president and head of Latin America…
Read MoreBrazil is Oil Market Wildcard After Near-Million-Barrel Plunge
“Welligence, meanwhile, is more cautious, forecasting daily output of 3.4 million to 3.5 million for the rest of this year. Brazilian production won’t resume 2023s…
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