Welligence Mexico M&A | PTTEP exits Mexico with Chinwol-Polok divestment to Repsol
On 20 September 2024, PTTEP announced the sale of its 16.67% stake in the Chinwol-Polok asset, located in Block 29, to Repsol for an undisclosed…
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 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 MoreMexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
“Projects such as Zama are expected to aid the long-term production decline that confronts Mexico, Andres Armijos, Welligence’s vice president and head of Latin America…
Read MoreMexico Politics | Mexico’s upstream sector faces uncertainty after Sheinbaum’s landslide victory
In the week before the election, the Welligence team met with various oil and gas companies, government officials, and key stakeholders to gauge sentiment and…
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 MoreMexico M&A | Pemex’s evolution: uncovering hidden gems through divestment
Pemex’s portfolio comprises ~350 producing fields, with the Top 25 contributing 76% (2 MMboe/d) of total production. This elite group primarily consists of shallow-water oil/gas…
Read MoreRenovación de Pemex: Desbloqueando su potencial
Welligence sugiere un plan de desinversión, enfocándose en retener los 25 campos más productivos (85% del valor del portafolio y 76% de producción) y monetizar…
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