Welligence 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…
Read MoreWindfall Tax price floor: What difference will it make to the North Sea?
“Rather than attract a wave of new investment, the introduction of the price floor will most likely only bolster the chances of companies proceeding with…
Read MoreSwimming 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 MoreWelligence 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 MoreWelligence 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 MoreWelligence 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 MoreGuyana-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 MoreOnly 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…
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