Analysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy. Dave Moseley, vice president of…
Read MoreSwimming in subsurface data
“DATABASE ARCHITECTURE is a key aspect in the way intelligence companies are able to respond to the changes in the way data is made available…
Read MoreWelligence UK M&A | Prax enters upstream with Hurricane Energy acquisition
On 16 March 2023, Prax announced the acquisition of Hurricane Energy for up to £249 million (US$301 million). Hurricane’s sole asset is its 100% interest…
Read MoreWelligence UK M&A | Sunset on Suncor’s North Sea business as Equinor swoops
On 3rd March Equinor announced the acquisition of Suncor Energy UK Ltd for US$850 million, bringing interests of 40% in the West of Shetlands Rosebank…
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 MoreWelligence North Sea | 2023 UK & Norway exploration wells to watch
A review of exploration performance since 2018 and outlook for 2023, including five key exploration wells to watch in the UK and Norway ACCESS…
Read MoreWelligence North Sea M&A Quarterly Report | Opportunities abound but headwinds remain for deal-making in the North Sea
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the North Sea. The opportunity set has expanded…
Read More‘Bloated’ Harbour Energy job cuts: Could other North Sea firms follow suit?
John Corr, head of North Sea for analyst firm Welligence, said: “In most countries globally tax regimes are usually linked to commodity prices, with the…
Read MoreOil companies commit to North Sea expansion despite tax risks
David Moseley, vice president for North Sea research at analytics firm Welligence, said: “Interest in the 33rd round was high, considering recent uncertainties, including instability…
Read MoreOnly six big-spend projects for UK North Sea in coming years
Jon Corr, head of North Sea at Welligence was discussing large-scale independent Harbour Energy, saying: “If you don’t have equity in these, when you’re of…
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