Swimming in subsurface data
“DATABASE ARCHITECTURE is a key aspect in the way intelligence companies are able to respond to the changes in the way data is made available…Read More
Welligence Brazil Corporate & Politics | How will Petrobras adjust to Lula?
During President Lula’s presidency campaign, he promised to lower and “Brazilianize” domestic fuel prices. To keep this promise, the government and Petrobras would have to…Read More
Welligence Latin America | Colombia’s tax reform — how will the industry react to the government’s tax grab?
ACCESS PDF The Tax Reform Law passed by Colombia’s Congress in December 2022 took effect on January 1st.Read More
Welligence Colombia | The end of new bid rounds — what now?
At an Energy Transition panel session during last week’s World Economic Forum, Colombia’s Energy & Mines Minister Irene Velez declared the government would not grant…Read More
Guyana-Suriname-Brazil – how do the fiscals compare?
Some of the highest profile bid rounds globally will be held in Latin America in H1 2023. Brazil, Guyana and Suriname are offering acreage across…Read More
‘Bloated’ Harbour Energy job cuts: Could other North Sea firms follow suit?
John Corr, head of North Sea for analyst firm Welligence, said: “In most countries globally tax regimes are usually linked to commodity prices, with the…Read More
Only 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 More
Harbour Energy projected for $5.5bn windfall tax payments by analyst
Harbour Energy, the North Sea’s largest producer, is one of the strongest opponents to the windfall tax, and analysis from Welligence has shed further light…Read More
Welligence: recovering from the ‘Covid low’ and dealing with EPL
The UK North Sea saw little bounce back in activity following the 2020-21 ‘Covid low’, with only the M&A space staying buoyant. New project approvals,…Read More
Welligence UK | The EPL increase – the UK Treasury takes another bite out of the North Sea
On 17 November, the UK Chancellor of the Exchequer announced an increase to the Energy Profits Levy (EPL), a windfall tax charged to oil and…Read More