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Welligence US GoM Licensing | Lease sales return with a bang, but will the bullishness last?

By Omar Rios | March 30, 2023

After a near two-year hiatus, licensing returned to the US Gulf of Mexico with a bang despite a tighter fiscal regime and the persistent long-term…

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Welligence Energy Transition | INTOG lease round – offshore oil and gas wind electrification goes mainstream

By Fernando Tamayo | March 27, 2023

On Friday, Crown Estate Scotland announced the results of the initial INTOG (Innovation (IN) and Targeted Oil and Gas (TOG)) wind lease, a first of…

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Electrifying offshore oil and gas with floating wind power ‘not for the faint-hearted’

By Alex Hazel | March 24, 2023

“More than 80% of UK’s offshore emissions will come from the fuel consumed at the facilities. That makes electrification the most impactful strategy,” Juan Agudelo,…

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Welligence Colombia | The end of new bid rounds — what now?

By Omar Rios | January 24, 2023

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…

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Guyana-Suriname-Brazil – how do the fiscals compare?

By Emanuel Castro | January 24, 2023

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…

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Guyana in talks with Qatar, UK, UAE and India on oil blocks

By Alex Hazel | January 23, 2023

“It’s unclear if the government-to-government negotiations are related to the already announced 14 exploration blocks or if they are talking about different areas,” said Andre…

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Oil companies commit to North Sea expansion despite tax risks

By Alex Hazel | January 17, 2023

David Moseley, vice president for North Sea research at analytics firm Welligence, said: “Interest in the 33rd round was high, considering recent uncertainties, including instability…

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What the North Sea bids will tell investors about the UK’s energy security

By Alex Hazel | January 12, 2023

David Moseley, vice president for North Sea research at analytics firm Welligence, said the region’s mature status also meant big new discoveries would be unlikely.…

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Welligence Norway | Norway announces APA 2022 licence offers

By Alex Hazel | January 10, 2023

The Norway Petroleum Directorate (NPD) announced the offer to award 47 production licences to 25 companies in the Awards in Predefined Area (APA) 2022 Round.…

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Brazil Licensing | Brazil’s 1st PSC Permanent Round – what appetite remains for high-risk pre-salt exploration?

By Emanuel Castro | December 19, 2022

The 1st PSC Permanent Bid Round held on December 16th by the ANP had mixed results. It attracted some of the industry big guns.  …

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