Namibia 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 MoreGlobal Exploration Outlook
Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of…
Read MoreExciting opportunity attracts LNG investors off East Timor
Marc Howson, Head of Asia at Welligence Energy Analytics, told Energy News that “Chuditch is a significant shallow-water discovered gas resource, located near several gas-short…
Read MoreEni starts drilling key well at offshore gas discovery in East Mediterranean
Welligence Energy Analytics in late October suggested that, if successful, Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas…
Read MoreLibya’s upstream promise still hamstrung by instability
“There is still division between the country’s two rival leaderships—the internationally recognised government of National Unity, based in the western capital of Tripoli, and the Libyan…
Read MoreEni set to start drilling critical East Med gas well
Welligence Energy Analytics said that “the well confirmed the presence of very good quality sand reservoirs at multiple layers, including some known with commercial discoveries…
Read MoreChevron and ExxonMobil raids open a ‘new era of oil mega mergers’
Welligence Energy Analytics said that sector consolidation has been on the agenda in recent years, and is becoming a reality. “We anticipate further consolidation, particularly…
Read MoreUpstream M&A heats up in Indonesia as Eni eyes sell down of gas assets
Yet many attractive opportunities remain, report analysts at Welligence Energy Analytics. “Large and small players are looking to bring in partners at what are mostly…
Read MoreEni’s big deep-water gas discovery bodes well for Indonesia
Indeed, analysts at Welligence Energy Analytics noted in a recent report that many attractive opportunities remain in Indonesia. “Large and small players are looking to…
Read MoreOffshore Drilling in Lebanon’s Block 9 Still Ongoing, Despite Border Clashes with Israel
According to Welligence Energy Analytics, TotalEnergies is using the Transocean Barents to drill the Qana gas prospect in Block 9, which it says is on…
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