Brazil 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…
Read MoreExxonMobil eyes debut in North Africa oil and gas powerhouse
Welligence Energy Analytics said in a LinkedIn post: “We expect more announcements as majors – including Eni, Shell, Equinor and Chevron – look to invest…
Read MoreIraq & Kurdistan | A tale of two halves: Federal Iraq’s pursuit of stability amidst Kurdistan’s export dilemma
Following years of political turbulence and economically unattractive fiscal terms, Iraq has experienced a resurgence of interest in recent years. Thanks to revamped terms under…
Read MoreNorth Sea redevelopments ‘on the rise’, but which projects are seeing success?
Vice president of operations for Europe at Welligence Energy Analytics, David Moseley, noted this trend. “The number of redevelopment projects in the UK is on…
Read MoreEast of Shetland: Will the UK’s heavy oilfields overcome their challenges?
David Moseley, vice president of operations at Welligence saying: “Heavy oil developments require significant capex, opex and are subject to longer pay back periods, as…
Read MoreNamibia M&A | TotalEnergies boosts stake in giant Namibian discovery
On 10th January 2024, TotalEnergies announced it had agreed to acquire an additional 10.5% in block 2913B (PEL 56) and 9.39% in block 2912 (PEL…
Read MoreNorway M&A | Equinor acquires Shell’s interest in HPHT Linnorm development
On 14 December 2023, Equinor acquired Shell’s 30% interest and operatorship of the High Pressure, High Temperature (HPHT) Linnorm gas discovery, the largest undeveloped gas…
Read MoreWelligence Sub-Saharan Africa | Eni brings Baleine online in less than two years
Eni has started production from the deepwater Baleine field located on blocks C1-101 and CI-802, offshore Côte d’Ivoire. The announcement comes less than two years…
Read MoreWelligence MENA | Majors invest in Oman gas to fuel energy transition
Oman’s energy sector has experienced a surge in activity over recent years, with gas development projects taking centre stage as the country focuses on its…
Read MoreWelligence Trinidad & Tobago | Does Trinidad have the gas to bring ALNG Train 1 back to life?
The Government of Trinidad & Tobago is aiming to bring Atlantic LNG’s (ALNG) Train 1 back online. ACCESS PDF
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