Welligence Global FPSO Outlook | Tapping into the idle FPSO fleet in the face of high industry costs and project delays
The demand for FPSOs has been picking up since the market slowdown of 2020/2021. But upstream supply chain tightness is now weighing on project…
Read MoreGlobal LNG | FSRUs increasingly secure supplies for Europe and Asia’s energy transitions
FSRU demand surged in 2022 from European buyers looking to quickly import LNG following drastic cuts to Russian piped gas supplies. The shock more than…
Read MoreGlobal FLNG | Delivering the next wave of FLNG projects will not be smooth sailing
FLNG momentum has been building with recent Floating and Fast LNG projects having created a lot of buzz in the industry. We estimate FLNG and…
Read MoreWelligence CCUS | Storage Outpaces Capture: Trends and Implications for E&Ps
Since 2020, global CO2 capture capacity has surged by 267%, while CO2 storage capacity has outpaced this, growing by 482%. As of the end of…
Read MoreWelligence Egypt M&A | bp and ADNOC to form a joint venture in Egypt
On 14 February 2024, ADNOC and bp announced that they had agreed to form a joint venture in Egypt. bp will provide the assets 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 MoreArgentina’s gas ready to help energy security and transition
“Potential shocks include protests from workers, default on the local government’s debt payments, payment delays to producers by the government and delays in acquiring necessary…
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 Sub-Saharan Africa | Our 2023 outlook for Sub-Saharan Africa
Our view on exploration, M&A activity, FLNG, key developments and emerging trends in new energies. Political factors may also come into play with key elections…
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