Exxon looks for long-term rig duo off Nigeria
Welligence vice president Obo Idornigie said partners in Owowo were planning to tie the field back to Usan FPSO, which is underutilised. “This is encouraging…
Read MoreWelligence Nigeria M&A – Oando consolidates onshore, buys out Eni from NAOC JV
On 4 September 2023, Oando announced the acquisition of Eni’s wholly-owned Nigerian subsidiary, Nigerian Agip Oil Company Ltd (NAOC), for an undisclosed consideration. NAOC has…
Read MoreWelligence Sub-Saharan Africa | LNG powerhouses look to plug feedstock gap
West Africa’s three established LNG suppliers, Angola LNG (ALNG), Equatorial Guinea LNG (EGLNG) and Nigeria LNG (NLNG) have all been struggling to maximise output. With…
Read MoreWelligence Global Exploration Outlook | Offshore exploration drilling outlook
In this report, we analyse exploration drilling plans in Europe, Latin America, MENA, Sub-Saharan Africa and US Gulf of Mexico. We have a line of…
Read MoreWelligence Nigeria Rumblings on the Ground | Can the incoming administration turn around Nigeria’s oil and gas fortunes?
Welligence recently visited Lagos and Abuja in Nigeria to meet with key industry and government stakeholders in the O&G sector. Bola Tinubu is expected to…
Read MoreWelligence Corporate | Capex guidance — sector set for 16% uplift in investment in 2023
With reporting season largely over, the vast majority of companies have now reported guidance for 2023. ACCESS PDF
Read MoreThe Tinubu presidency and Nigeria’s energy challenges
“I think one of his first steps will be to set up a committee to review the sticking points in the PIA with the industry…
Read MoreWelligence Sub-Saharan Africa | Nigeria’s election result – Can a change of guard revive the ailing oil & gas sector?
Bola Tinubu has been announced as the winner of the presidential election – he will be sworn in as president on 29th May 2023. But…
Read MoreWelligence Corporate | Majors report in latest E&P 2023 capex guidance update
Welligence releases the latest capex guidance tracker including the Majors announcements and introduces new functionality. ACCESS PDF
Read MoreSub-Saharan Africa FLNG | Uniquely positioned to quench Europe’s LNG thirst
As tightness in the global LNG market persists and appetite for new onshore liquefaction projects wavers, operators in Sub-Saharan Africa (SSA) are turning to floating…
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