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Chevron 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…

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Upstream 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…

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Eni’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…

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Offshore 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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Welligence Indonesia Exploration | Eni’s top class exploration credentials underlined by Indonesian discovery

Eni has announced its latest exploration success, a major gas/condensate discovery in Indonesia’s prolific Kutei Basin. The deepwater Geng North-1 well encountered a 50 m…

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Elephant Hunt: The Search for the Oil and Gas Supplies to 2050

“High-impact exploration will persist as a high priority, especially for the Majors who need to replenish their reserves and generate returns. We are seeing exploration…

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Gas off the coast of Tarfaya: Italian ENI takes delivery of the Topaz Driller drilling platform

Consulting firm Welligence pointed out that Cinnamon would be the 16th well drilled in the block and the first since 2014. If successful, the well…

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Eni gears up for Cinnamon spud off Morocco

Welligence reported Cinnamon would be the 16th well drilled on the block and the first since 2014. The consultancy noted the attraction of Morocco’s fiscal…

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Pertamina Pursues Overseas M&A to Meet Domestic Goals

Pertamina’s most recent acquisitions have focused on already producing assets in jurisdictions where the company has been for several years. That means it is investing…

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Welligence Global Exploration Outlook | Offshore exploration drilling outlook

In this report, we analyse exploration drilling plans in Europe, Latin America, MENA, Sub-Saharan Africa and US Gulf of Mexico. We have a line of…

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