UK | Understanding tax loss positions with the Welligence platform
The UK fiscal system is one of the most complex globally, with numerous changes to taxation since drilling commenced in the North Sea in 1964.…
Read MoreWelligence MENA | The Majors in the Middle East and North Africa – recent business development and what next?
The MENA region will continue to be of key importance to the Majors throughout this decade and into the next. The combination of vast reserves,…
Read MoreUK Fiscal & Policy | Labour increases EPL – and halts licensing?
On 4 July, the Labour party won the UK general election, ending the Conservative party’s 14-year tenure. This was followed on 29 July by the…
Read MoreUS GoM Decommissioning | New regulations put spotlight on decommissioning
Safe and timely decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the global…
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 MoreIndustry challenges analysis claiming windfall tax win for UK Treasury
“The introduction of the EPL made companies a lot more uncertain around progressing greenfield and brownfield projects,” Welligence Energy Analytics vice-president of operations David Moseley…
Read MoreRenovación de Pemex: Desbloqueando su potencial
Welligence sugiere un plan de desinversión, enfocándose en retener los 25 campos más productivos (85% del valor del portafolio y 76% de producción) y monetizar…
Read MoreNo more drilling on Forties and Beryl – a perfect storm for the UK’s energy security?
“I WOULD NOT call it a perfect storm”, concludes David Moseley, vice-president operations Europe at intelligence firm Welligence at the end of his Aberdeen Energy…
Read MoreWelligence UK Fiscal & Policy | Labour’s proposed windfall tax terms – another damaging shift in policy on the cards?
On 8 February, the Labour Party announced that it was reducing its £28bn annual expenditure target on green/renewable energy. As part of this announcement and…
Read MoreWould Keir Starmer have changed his mind when he would have attended Devex 2023?
David Moseley from Welligence put another perspective on maturing assets in the North Sea though “As a result of the rapidly declining production from mature…
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