Welligence 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 MoreWelligence 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 MoreEast Med M&A | Carlyle acquires East Med assets from Energean for US$820 million plus contingent payments
On 20 June 2024, Carlyle International Energy Partners (CIEP) acquired a portfolio of assets from Energean in the East Mediterranean for a guaranteed US$820 million…
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 MENA Q1 2024 M&A Report | Mixed fortunes for ADNOC and bp’s East Med gas deals
Three deals were announced in the MENA region in Q1 2024, which we valued at a total consideration of US$1.7 billion. We estimate the deals…
Read MoreEgypt Rumblings on the Ground | Receivables issue dominates EGYPES conversations – is there light at the end of the tunnel?
Welligence participated in last week’s Egypt Energy Show (EGYPES) in Cairo. EGYPES is the largest energy conference in North Africa and the East Mediterranean. This…
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 More‘Satisfied’: European major happy with result of Mediterranean Sea well
Welligence Energy Analytics also suggested Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas sold to the gas-hungry Egyptian…
Read MoreMENA Q4 2023 M&A Quarterly | Harbour Energy and Energean make moves in North Africa
Two deals involving MENA assets were announced in Q4 2023, in line with the prior quarter, making for a quiet second half to 2023 following…
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