Welligence Venezuela | OFAC orders Chevron to wind down operations in Venezuela
It’s official, Chevron has been ordered to cease activities in Venezuela. The Office of Foreign Assets Control (OFAC) issued General License (GL) 41A on 4th…
Read MoreWelligence Licensing | Libya announces first bid round in 17 years – what is on offer?
On 3 March 2025, Libya’s NOC announced a new Libya Bid Round at a launch event in Tripoli. NOC plans to present this during roadshows…
Read MoreWelligence Exploration | Has Rhino Resources re-ignited Namibia’s Orange Basin?
Rhino Resources and partners Azule Energy, Namcor, and Korres Investments have hit hydrocarbons at the Sagittarius-1X well on PEL 85 (Block 2914A). The news injects…
Read MoreExxonMobil makes potential play-opening gas find in frontier Mediterranean basin
“Although the supermajor did not elaborate on the size of the discovery, a recent LinkedIn post from analysts at Welligence said the prospect had a…
Read MoreWelligence Egypt | ExxonMobil strikes gas offshore Egypt
ExxonMobil’s Nefertari-1 exploration well has struck gas offshore Egypt, according to early reports. No official announcements have been made yet. The well was spud in…
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 MoreGas-Focused Indonesian E&P Revival Gathers Pace
Despite setbacks in the past decade, Indonesia’s upstream remains of interest to a wide range of companies, including BP, Eni, Petronas, Mubadala, MedcoEnergi, Harbour and…
Read MoreEni starts new drilling campaign in one of its global gas hotspots
“The firm Indonesian wells, comprised of both development and exploration wells, are planned to be drilled from August 2024 to June 2025, in the Muara…
Read MoreExpansion of world’s largest gas field gains momentum as state giant offers billions of dollars worth of contracts
Marc Howson, head of Asia Pacific and global LNG at Welligence Energy Analytics, tells Upstream that the US and Qatar will increasingly dominate global LNG…
Read MoreStrategic gas projects worth $25 billion take centre stage at Adnoc’s massive expansion programme
Martin Sherriff, head of Middle East at Welligence Energy Analytics, also sees strong potential in Adnoc’s gas export plans and notes that the development of…
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