East 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
Read MoreWelligence Global FPSO Outlook | Delivering the next wave of FPSOs – Are supply constraints becoming a concern?
After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for new FPSOs is picking up. We estimate FPSO projects with a…
Read MoreOnly six big-spend projects for UK North Sea in coming years
Jon Corr, head of North Sea at Welligence was discussing large-scale independent Harbour Energy, saying: “If you don’t have equity in these, when you’re of…
Read MoreFIDs predicted in 2023 for large untapped UK oil and gas fields
Analytics firm Welligence said, alongside the announced FIDs planned for Cambo and Rosebank, progress is expected on Perth, Bentley and Bressay in the North Sea.…
Read More‘Diminishing hopper’ of big North Sea projects a leash on firms’ ability to offset tax hike
Mr Moseley, vice president of North Sea research at Welligence, said: “The introduction and increase in the EPL means many companies are seeking to maximise…
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