Welligence MENA | What do the MENA upstream highlights of 2024 reveal about 2025?
In 2024, oil and condensate production from the region averaged 33 million bbl/d, approximately 32% of global oil supply. OPEC plays a significant role on…
Read MoreWelligence Global | Looking ahead to 2025 – 5 trends shaping the next 12 months
How will the energy sector evolve in 2025? Our latest report highlights five pivotal themes that could shape the landscape next year. ACCESS PDF
Read MoreADIPEC 2024 Rumblings on the Ground | Upstream developments back on top in the MENA region, while CCS is poised to pick up
The Welligence team attended last week’s ADIPEC 2024 conference in Abu Dhabi, the largest energy conference in the world, to meet with key stakeholders in…
Read MoreWelligence 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 Middle East | Balancing the barrels: The impact of fiscal policies on Middle Eastern oil finds
Welligence Energy Analytics has modelled a representative oil field under the fiscal regimes of select Middle Eastern countries; Iraq, the Kurdistan Region of Iraq (KRI),…
Read MoreStrategic gas projects worth $25 billion take centre stage at Adnoc’s massive expansion programme
Martin Sherriff, head of Middle East at Welligence Energy Analytics, also sees strong potential in Adnoc’s gas export plans and notes that the development of…
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 MoreUAE M&A | PTTEP strengthens UAE portfolio with Ghasha ultra-sour gas acquisition
On 11 June 2024, PTTEP announced that it had acquired a 10% stake in the Ghasha offshore ultra-sour development in Abu Dhabi from Wintershall Dea.…
Read MoreUAE M&A | UAE and Azerbaijan deepen ties as SOCAR awarded stake in Umm Lulu and SARB concession
On 31 May 2024, ADNOC announced it had awarded a 3% interest in the Umm Lulu and Satah al Razboot (SARB) offshore concession to the…
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…
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