• News Release

  Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie

  • 12 junio 2024

  Addressing Noble Corp’s acquisition of Diamond Offshore in a US$600 million stock plus cash transaction, Leslie Cook, principal analyst of upstream supply chain for Wood Mackenzie said, “We have been predicting offshore rig market consolidation for some time and with little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic. It therefore comes as little surprise that the first major deal in the upstream service sector has been announced. Noble has grabbed first mover advantage, and solidified is status in the top two offshore rig contractors.”

• Opinion

  ADNOC acquires stake in Rovuma LNG from Galp

  • 23 mayo 2024

  The transaction supports ADNOC's international gas strategy and the high grading of Galp's upstream portfolio.

• Opinion

  End of an era looms as Chevron seeks UK exit

  • 23 mayo 2024

  Clair is the big attraction for would-be buyers

• News Release

  Approved Enauta and 3R Petroleum merger creates operation that could surpass 100,000 boe/d production

  • 21 mayo 2024

  Addressing the approved merger of 3R Petroleum and Enauta, Amanda Bandeira, Upstream Research Analyst, said “The combination of businesses between Enauta and 3R Petroleum creates a new operation that could surpass the 100,000 boe/d production mark, competing head-to-head against Prio, currently the larger Brazilian independent operator in the country.

• Opinion

  Upstream investment in Africa: what does the future hold as new investment hotspots replace legacy producers?

  • 18 septiembre 2024

  Upstream investment in Africa has been slower to recover from the pandemic compared to more agile regions with lower costs. Moving forward, we expect investments of around US$40 billion annually, or 8% of global capex, to be the new normal.

• The Edge

  Delaying deepwater decommissioning

  • 02 mayo 2024

  With resilient oil demand and a positive outlook for prices, operators are doing all they can to shift spend away from decommissioning. What are the options to keep deepwater wells running for longer?

• Content

  Supply Chain Services for Exploration and Production Companies

  • 20 julio 2023

  Identify and execute on cost savings, performance improvement, operational efficiency and risk management opportunities across your organisation.

• Opinion

  Pressures from investors and governments change the shape of the US tight oil industry

  • 09 abril 2021

  Pioneer’s US$6.4 billion deal for DoublePoint shows how demands for higher returns and lower emissions are driving consolidation among US E&Ps.

• Opinion

  How carbon pricing could reshape upstream oil and gas economics

  • 31 marzo 2021

  Few countries currently require oil and gas producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But that could soon change. Higher carbon charges are not a case of ‘if’ but when, where and how much — raising serious questions for investors.

• Opinion

  Suez blockage highlights Asia’s vulnerability to disruptions

  • 31 marzo 2021

  The grounding of the 400-metre, 224,000-tonne Ever Given cargo vessel in the Suez Canal last Tuesday inevitably sparked concern across the global economy and, while the vessel is now afloat and traffic has resumed, will have once again reminded Asian countries of the risks such trade arteries continue to present.

• Opinion

  President Biden aims for higher employment and lower emissions

  • 01 abril 2021

  Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.

• Featured

  Wood Mackenzie 2020 Research Excellence Awards

  • 23 marzo 2021

  In 2020, our global analysts produced an outstanding body of research to help steer our clients through the challenges and uncertainty of the Covid-19 pandemic. Our annual Research Excellence Awards celebrate the very best of that compelling and timely insight.

• Opinion

  Drone strikes attempt to disrupt Saudi oil exports

  • 12 marzo 2021

  Houthi militants have failed in recent attempts to hit targets in Saudi Arabia. But markets and governments are watching closely for a possible threat to oil supplies

• The Edge

  Big Oil’s separate paths to decarbonisation

  • 12 marzo 2021

  All of the Majors have strategies for the energy transition, they're just doing it in different ways. The Euro Majors have set net-zero targets and are diversifying into renewables; the US Majors' strategy is about decarbonising oil and gas. What's behind the different approaches? How will coming changes in US policy on climate change influence the US Majors' strategies? And what about ESG pressure from investors?

• Opinion

  Federal leases and permits: how much could US tight oil shrink?

  • 03 marzo 2021

  The Biden administration has moved swiftly to impose temporary restrictions on new federal lease sales and drilling permits ahead of a potential overhaul of regulations for oil and gas producers on federal lands. Are tighter rules ahead?

• Opinion

  The Texas energy crisis: its causes and consequences

  • 19 febrero 2021

  Freezing conditions in the southern US led to blackouts and a slump in gas production. What can we learn from the crisis?

• Opinion

  Carbon emissions: a new challenge for US LNG

  • 05 febrero 2021

  President Joe Biden adds to the pressure on US gas exporters to consider climate impacts

• Opinion

  A £2.5 trillion transformation: the economic impact of a net-zero North Sea

  • 04 febrero 2021

  Low-carbon technologies have the potential to transform the energy industry. They could also have a powerful effect on local economies – as the UK is on a mission to demonstrate.

• Opinion

  What President Biden’s first day means for energy

  • 22 enero 2021

  Blocking the Keystone XL pipeline, rejoining the Paris climate agreement, and a 60-day restriction on drilling permits on federal lands and waters are a statement of intent from the new administration

• Opinion

  2021 – cheerful or fearful?

  • 13 enero 2021

  And after the 12 months we’ve all just experienced, making bold predictions for the year ahead is more fraught than ever: nothing is off the table.

• Featured

  Should upstream investors prepare for bolder fiscal policies in 2021?

  • 20 enero 2021

  Tougher upstream fiscal terms could be on the horizon. Find out what policymakers will be thinking about in 2021, and the key countries to watch.

• Opinion

  Decarbonising the upstream industry

  • 14 julio 2021

  In the face of the energy transition, upstream companies are under severe pressure to decarbonise. A situation that is only likely to intensify. Companies need to take note, set out their strategy and act so as to future-proof their business and keep hold of their social licence to operate.

• Featured

  Exploring the deepwater advantage

  • 14 julio 2021

  Deepwater will play an important role in the oil and gas industry’s pivot to the advantaged resources essential for success through the energy transition. And this year marks a step-change in deepwater field performance, with advantages that span both economics and carbon emissions.

• Opinion

  Horizons: three key findings from Q2 2021

  • 06 julio 2021

  A recap from the last three editions of Horizons, from the prospect of upside-down oil and gas prices to the vast potential of carbon capture

• Opinion

  Investors exert their influence over the energy transition

  • 11 junio 2021

  Oil and gas companies have been coming under mounting pressure from large shareholders to address climate risks, and that pressure has stepped up sharply this year. The world’s six largest investors by assets under management have signed up to the Net Zero Asset Managers initiative, committing them to supporting the goal of global net zero greenhouse gas emissions by 2050 or sooner. In total the signatories to the initiative have $37 trillion under management.

• Opinion

  Big Oil’s watershed moment: five things you need to know

  • 10 junio 2021

  The events of May 26 2021 look like a defining moment for the oil and gas industry. In the space of a few hours, three decisions crystallised trends that had been building for years at the large international oil companies, showing the pressure they are under to address climate change and the energy transition.

• The Edge

  Upstream’s biggest challenge

  • 11 junio 2021

  Maximising value through the energy transition is a huge challenge for upstream. The Edge this week asks: how will strategies change? Is consolidation inevitable? And can the industry become more sustainable?

• Opinion

  The role of NOCs on the road to net zero

  • 22 abril 2021

  NOCs must play a role in the global mission to decarbonise. Could this be a game-changing year?

• Opinion

  How Asia changed the global LNG market in the space of a year

  • 21 abril 2021

  The past year has undoubtedly been the most dramatic in the history of the global LNG industry. Demand buffeted by lockdowns and recession, liquefaction shut-in, pre-FID supply projects delayed and spot LNG prices crashing to all-time lows before going into orbit.

• Opinion

  The US energy transition rides on the electric F-150

  • 21 mayo 2021

  Ford has launched the electric version of its best-selling F-150 truck. Its success or failure will have a big impact on the electrification of transport in the US, and on climate policy.