East of Shetland: Will the UK’s heavy oilfields overcome their challenges?
David Moseley, vice president of operations at Welligence saying: “Heavy oil developments require significant capex, opex and are subject to longer pay back periods, as…
Read MoreEurope Q4 2023 M&A Quarterly | Buoyant quarter with more deals to follow
Nine deals were announced in Q4 2023, in line with Q2. This contributed to making 2023 the joint most active year for M&A so far…
Read MoreWelligence CCUS | Harbour Energy’s acquisition of Wintershall Dea creates a European CCS powerhouse?
The combination of Harbour Energy and Wintershall Dea will create a major CCS player. Harbour will increase its net CCS acreage in the North Sea…
Read MoreGlobal M&A | Harbour Energy becomes a leading international E&P and CCS player with Wintershall Dea deal
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding German midstream assets, UAE and Russian-linked assets including JVs with Gazprom in…
Read MoreM&A in the spotlight: Which of the top quality oil and gas independents is next?
“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…
Read MoreGlobal M&A | Harbour announces reverse takeover of Wintershall Dea
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding UAE and Russian assets, JVs with Gazprom in Libya, Netherlands and UK,…
Read MoreUK Licensing | Shell leads as large E&Ps dominate 33rd Licensing Round
On 30 October 2023, the NSTA announced the offers of awards in the first tranche of the 33rd Offshore Licensing Round. A total of 32…
Read MoreElectrifying the North Sea – Some Key Considerations
On page 19, Dave Moseley discusses the opportunities and challenges of electrification in the UK North Sea.
Read MoreEurope Q3 2023 M&A Quarterly | Deal activity stable, but opportunity pipeline continues to grow
Five deals were announced in Q3 2023, low compared to the nine announced in Q2, but in line with activity since Q1 2022. Four of…
Read MoreIthaca hits pause on West of Shetlands electrification
David Moseley, vice president for North Sea research at Welligence said pausing electrification efforts would be logical for Ithaca. “It seems likely that Ithaca will…
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