Brazil 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…
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 MoreLatin America Q1 2024 M&A Quarterly | A slow start to the year, but calm before the storm?
There were just three deals announced in the quarter, following a flurry of activity at the end of 2023. The first transaction was in Argentina…
Read MoreBrazil M&A | Consolidation race in Brazil – independent E&Ps pursue mergers
Consolidation among Brazil’s independents looks set to kick off, with 3R Petroleum the “target”. Maha Energy made the first move, proposing a merger of 3R’s…
Read MoreBrazil M&A | Westlawn Americas Offshore continues its rapid growth with US$301.7 million Brazil upstream acquisition
On 21 March 2024, Westlawn Americas Offshore (WAO) announced the acquisition of a non-operating 20% interest in the BS-4 concession from Enauta for US$301.7 million.…
Read MoreVaca Muerta wins markets in the region: Bolivia already imports oil from Neuquén
Andrés Armijos, head of LATAM at the Houston-based consulting firm Welligence Energy Analytics, confirmed that Bolivia has not been successful in its exploratory plans to…
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