Asia Pacific Q2 2024 M&A Quarterly | Gas centre stage as TotalEnergies drives APAC deal-making
Three deals were announced in Q2 2024, a decline from the five in Q1 2024 and the lowest activity since Q1 2023. The announced considerations…
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 MoreIndonesia Rumblings on the Ground | Indonesia boosting upstream activities to secure sustainable energy growth
The Welligence team recently attended the Indonesian Petroleum Association (IPA) convention in Jakarta. The event provided an excellent and well-attended forum for energy professionals to…
Read MoreThailand Rumblings on the Ground | FEA 2024 – Proactive licensing and CCS underpin Thailand’s energy evolution
Welligence recently attended the Future Energy Asia Exhibition & Summit (FEA) 2024 in Bangkok, Thailand. The Future LNG Asia and Future Mobility Asia events were…
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 MoreMalaysia Rumblings on the Ground | Gas is the focus for M&A, licensing and development in Asia Pacific
The Welligence team recently attended the Offshore Technology Conference Asia (OTC Asia) 2024 in Kuala Lumpur. The event was an excellent and well-attended forum for…
Read MoreTotalEnergies betting on Malaysia upstream after acquisition
TotalEnergies has established a gas foothold in Malaysia after it recently agreed to acquire OMV’s 50% stake in the SapuraOMV JV for US$903 million. Significantly,…
Read MoreGlobal M&A | TotalEnergies establishes Malaysian gas foothold through deal with OMV
On 31 January 2024, TotalEnergies announced that it had agreed to acquire OMV’s 50% stake in the SapuraOMV JV for US$903 million. The consideration includes…
Read MoreMalaysia Rumblings on the Ground | Malaysian upstream opportunities abound — licensing, M&As and CCS hubs
The Welligence team recently attended the Energy Asia Conference in Kuala Lumpur. The event provided an excellent and well-attended forum for energy professionals to share…
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