Welligence Brazil | Brazil’s long-term production challenge
We forecast strong oil production growth in the medium-term, with output peaking at over 5 million bbl/d in 2031 – it is a key source…
Read MoreLatin America Q3 2024 M&A Quarterly | Uptick in deal activity driven by YPF’s portfolio optimization
Out of the 13 deals announced in Q3 2024, ten occurred in Argentina, one in Brazil, one in Trinidad and Tobago, and one in Mexico.…
Read MoreWelligence Global Benchmarking | Benchmarking the Majors’ deepwater portfolios – who is well positioned for the long-term?
Deepwater is a core part of the upstream playbook for the Majors, even in a low-carbon future. On average, it accounts for around 20%…
Read MoreBrazil M&A | PRIO set to become LatAm’s largest public independent producer
On 27 September 2024, PRIO announced the acquisition of Sinochem’s Brazilian subsidiary, which holds a 40% non-operated stake in the Equinor-operated Peregrino and Pitangola heavy…
Read MoreLatin America Q2 2024 M&A Quarterly | Consolidation underpins uptick in deal-making
Out of the seven deals announced in Q2 2024, three occurred in Brazil, and one each in Trinidad and Tobago, Bolivia, Peru, and Argentina. The…
Read MoreBrazil M&A | 3R/Enauta/Maha merger creates a leading Latin American independent
On 26 June 2024, the shareholders of 3R Petroleum and Enauta approved the merger of the two companies. Simultaneously, approval was also given for the…
Read MoreBrazil awaits contentious Equatorial Margin call
The Equatorial Margin is also seen as crucial to Brazil’s near-term energy security. Beyond simply increasing hydrocarbon exports, “energy security serves as a significant driver…
Read MoreBrazil is Oil Market Wildcard After Near-Million-Barrel Plunge
“Welligence, meanwhile, is more cautious, forecasting daily output of 3.4 million to 3.5 million for the rest of this year. Brazilian production won’t resume 2023s…
Read MoreWelligence Global Corporate | A (successful) tale of two stories – what’s next for Galp?
Galp has had an excellent start to 2024, announcing the offshore Namibia Mopane discovery, the largest deepwater find globally in the last 12 months. The…
Read MoreAtlantic Margin Exploration | Orange Basin sets the pace for South Atlantic exploration success
The rise of the Orange Basin as one of the world’s most exciting exploration hotspots paints a promising future for Namibia as the country sets…
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