Welligence North Sea Rumblings on the Ground | Challenges abound but opportunities aplenty
The Welligence team recently visited over 20 E&Ps and investors in Aberdeen, London, Oslo and Stavanger to discuss current and upcoming activity, market sentiment and…
Read MoreMontrose platform looks most likely option for Ithaca K2 discovery – analyst
In a post online, research group Welligence Energy Analytics said: “Commerciality has yet to be established, however, the Repsol-operated Montrose hub, 25km southwest, is arguably…
Read MoreIthaca Energy Strikes Hydrocarbons at UK North Sea Prospect
Welligence Energy Analytics said that the Repsol-operated Montrose hub, 25km southwest of K2, “is arguably the most likely tie-back host given Ithaca’s interest in both…
Read MoreUK Benchmarking | What does the future hold for the UK offshore sector?
What does the future hold for the offshore sector in the UK? This is an uncertain time with the industry grappling with the pressures of…
Read MoreNorth Sea Q2 2023 M&A Quarterly | Will dealmakers keep up with Q2 M&A high?
Deal activity in the North Sea continues to occur at pace. With the exception of Q4 2021, Q2 2023 saw the highest deal activity levels…
Read MoreEnergy Transition | Offshore GHG Benchmarking: making sense of all the noise
GHG emissions have emerged as a crucial factor in the decision-making process for oil and gas investments. It holds the same level of significance as…
Read MoreGlobal M&A | Eni muscles up its gas and CCS business with Neptune Energy acquisition
On 23 June 2023, Eni and Vår Energi announced the acquisition of Neptune Energy for US$4.9 billion. ACCESS PDF
Read MoreGlobal M&A | Eni and Vår Energi acquires Neptune Energy
On 23 June, Eni and Vår Energi acquired Neptune Energy for US$4.9 billion including US$0.5 billion of net debt. Neptune will retain its Germany assets.…
Read MoreWould Keir Starmer have changed his mind when he would have attended Devex 2023?
David Moseley from Welligence put another perspective on maturing assets in the North Sea though “As a result of the rapidly declining production from mature…
Read MoreWindfall Tax price floor: What difference will it make to the North Sea?
“Rather than attract a wave of new investment, the introduction of the price floor will most likely only bolster the chances of companies proceeding with…
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