Welligence 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 MoreUK M&A | Equinor and Shell join forces, creating the largest UK E&P
On 5 December 2024, Equinor and Shell agreed to combine their UK subsidiaries into a joint venture to be owned 50:50 by the two companies.…
Read MoreUK Corporate Strategy | Apache exiting the North Sea – the tip of the iceberg?
Apache is planning to prematurely cease production at its two operated hubs, Beryl and Forties, and exit the UK North Sea by 2030. This is…
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 Europe Q3 2024 M&A Report | Deal activity wanes again
Three deals were announced in Q3 2024, reduction on the nine in Q2, with one deal apiece in the UK, Norway and Netherlands. The focus…
Read MoreWelligence GHG | The overlooked environmental impacts of offshore tiebacks
Our analysis indicates that Jackdaw’s updated development plan has not only led to a 19.62% decrease in valuation, but it could also have the unintended…
Read MoreUK | Understanding tax loss positions with the Welligence platform
The UK fiscal system is one of the most complex globally, with numerous changes to taxation since drilling commenced in the North Sea in 1964.…
Read MoreUK M&A | RockRose agrees to acquire Shell and ExxonMobil’s SNS asset package
On 30 July 2024, RockRose Energy agreed to acquire the interests of both Shell and ExxonMobil in Shell’s operated Southern North Sea assets, comprising 15…
Read MoreUK Fiscal & Policy | Labour increases EPL – and halts licensing?
On 4 July, the Labour party won the UK general election, ending the Conservative party’s 14-year tenure. This was followed on 29 July by the…
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…
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