• Comment

  Chevron exits bidding war for Anadarko

  • 09 5月 2019

  Chevron Corporation today announced that it would not offer a counterproposal to Occidental Petroleum's rival bid to acquire Anadarko Petroleum.

• Comment

  Equinor takes extra slice of Caesar-Tonga

  • 13 5月 2019

  Equinor has exercised its preferential rights over Delek Group to acquire an additional 22.45% interest in the Caesar-Tonga oil field from Shell, for a total consideration of US$965 million in cash.

• News Release

  Montney total production to increase by 16% in 2019

  • 16 5月 2019

  Total production in Canada's Montney play will likely reach 10 billion cubic feet equivalent per day (bcfe/d) in 2019, an increase of 16% from 2018, according to new research from Wood Mackenzie.

• Comment

  Scott Morrison wins 2019 Australia election

  • 20 5月 2019

  Following PM Scott Morrison's win in the recent 2019 Australia election, Wood Mackenzie and Verisk Maplecroft analysts share their thoughts.

• Comment

  CNR snaps up Devon's Canada assets in US$2.8bn deal

  • 29 5月 2019

  Canadian Natural Resources today announced a C$3.8 billion (US$2.8 billion) acquisition of Devon Energy's Canadian assets, marking the company's seventh major acquisition since 2014.

• News Release

  Corpus Christi set to be top U.S. crude export hub

  • 11 6月 2019

  The Texas port of Corpus Christi is set to emerge as the top crude oil export hub in the US over the next decade, reflecting major investments in shipping facilities and pipeline infrastructure, according to new research from Wood Mackenzie's North America Crude Markets Service.

• News Release

  Comstock takes Haynesville lead with US$2.2bn Covey Park deal

  • 11 6月 2019

  Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held producer Covey Park.

• Comment

  Shell's Prelude ships first LNG cargo

  • 12 6月 2019

  Wood Mackenzie senior analyst Daniel Toleman shares his thoughts on the event of Prelude's first LNG cargo.

• Comment

  Japan's INPEX signs deal with Indonesia on Masela block development

  • 17 6月 2019

  The HoA formalises the recent outline agreement between the Government of Indonesia and INPEX on the Masela development project.

• News Release

  Mitsui and JOGMEC join Arctic LNG-2

  • 01 7月 2019

  Arctic LNG-2 is a step closer to final investment decision (FID) with the entry of Japanese companies Mitsui and government-linked Japan Oil, Gas and Metals National Corporation (JOGMEC) into the project.

• News Release

  OPEC+ aims for balance as it rolls over output curbs

  • 02 7月 2019

  Speaking as the OPEC and OPEC+ meetings ended in Vienna today, Ann-Louise Hittle, vice president, Macro Oils, at global natural resources consultancy Wood Mackenzie, said: “The agreement to roll over production restraint was a foregone conclusion after the green light from Russia’s president, Vladimir Putin, at the G20 meeting for continued production restraint."

• News Release

  New pipeline needed to meet surge in demand for Permian crude

  • 08 7月 2019

  Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day (b/d) by the end of next decade, according to new research from global natural resources consultancy Wood Mackenzie.

• Comment

  Petrogas and Hitec Vision snap up Total UK asset package in $635m deal

  • 10 7月 2019

  French Major Total has sold its stakes in 10 UK North Sea fields to Petrogas NEO, a new joint venture between Petrogas and HitecVision, for US$635 million. The asset package includes operated and non-operated assets, which will produce 25,000 barrels of oil equivalent per day (boe/d) this year. The assets hold over 30 million barrels of oil equivalent in remaining reserves.

• News Release

  Dominican Republic launches first licensing round

  • 10 7月 2019

  The Dominican Republic today launched its first licensing round, putting 14 blocks across its on- and offshore basins up for bid.

• News Release

  WoodMac and P2 Energy Solutions join forces to deliver data-driven insight to US energy sector

  • 15 7月 2019

  Wood Mackenzie, the global natural resources research consultancy, announces today its partnership with P2 Energy Solutions to better analyse current and future well spacing.

• News Release

  Brazil gas market reform unlocks investment across value chain

  • 06 8月 2019

  Brazil’s natural gas market reforms have taken a major step forward, with plans in place which are set to open up opportunities across the gas value chain, and boost investment in the country’s pre-salt.

• News Release

  Data consortiums signal the future of oil and gas

  • 07 8月 2019

  Wood Mackenzie believes that discovering new value requires going beyond isolated datasets. The solution lies in data consortiums – cooperative platforms where companies can safely share quality data.

• News Release

  Murphy Oil reaches FID in Gulf of Mexico deepwater

  • 08 8月 2019

  Murphy Oil has reached a Final Investment Decision (FID) regarding the King's Quay facility, Khaleesi/Mormont and Samurai developments in deepwater Gulf of Mexico. Commenting, Mfon Usoro, Wood Mackenzie analyst said: “Murphy’s sanction of the trio of projects including the King’s Quay facility, K...

• Comment

  Jethro-1 delivers the goods for Tullow

  • 13 8月 2019

  The Jethro-1 well, drilled in the Orinduik block, offshore Guyana, has delivered for Tullow Oil, with chief executive Paul McDade saying the prospect could hold more than 100 million barrels of recoverable oil, subject to appraisal.

• Comment

  ExxonMobil poised to sell ‘attractive’ UK North Sea portfolio

  • 13 8月 2019

  Commenting on reports that ExxonMobil is preparing to sell its UK North Sea portfolio, Neivan Boroujerdi, principal analyst, North Sea upstream, at Wood Mackenzie, said: “A proposed UK exit was expected. We value the portfolio at around US$2 billion.

• Comment

  TechnipFMC demerger 'a bold step to reposition for the long-term'

  • 27 8月 2019

  In 2017 Technip and FMC Technologies completed one of the hallmark oilfield service company mergers of the cycle. The business plans to split in the first half of 2020 – but not back into Technip and FMC - rather into ‘upstream’ and ‘mid/downstream’.

• Comment

  BP sells Alaska business to Hilcorp in US$5.6bn deal

  • 27 8月 2019

  Speaking after BP announced the sale of its Alaska business to Hilcorp in a US$5.6 billion deal, Wood Mackenzie analyst Rowena Gunn said: “The Majors are making progress with their divestment campaigns. This will mean long-held assets and territories will be let go. BP made such a deal today with its sale of all US Alaska assets to privately-owned Hilcorp."

• News Release

  Has M&A created value in the North Sea?

  • 04 9月 2019

  Since the turn of the decade, it’s been a frenetic period for M&A in the North Sea. Against a backdrop of oil price volatility and a dramatically changing corporate landscape, activity reached record levels. But have acquisitions created value so far? Wood Mackenzie recently analysed 55 of the largest North Sea deals announced between 2012 and 2018 from today’s vantage point to quantify underlying value creation.

• News Release

  Coal is still king in Southeast Asia’s power market

  • 25 9月 2019

  According to a new report by Wood Mackenzie, coal will continue to be the dominant fuel source in power generation, peaking at 2027 before slowing down and accounting for 36% of the region’s generation mix in 2040.

• News Release

  What are ExxonMobil’s top 5 divestment targets in Asia Pacific?

  • 07 10月 2019

  Wood Mackenzie has identified the five most likely disposal candidates after ExxonMobil signalled the start of its Asia Pacific divestment programme. Together, these opportunities are worth US$5 billion, and could contribute a third of the Supermajor's global divestment target.

• Comment

  Red-letter day for Norway as Johan Sverdrup comes on stream

  • 08 10月 2019

  First oil from Johan Sverdrup – Norway’s sixth-largest discovery, with reserves of around 2.7 billion barrels – is a red-letter day for the partners and the Norwegian state. The decision to sanction the development was the country's largest final investment decision in more than 30 years.

• News Release

  Wood Mackenzie’s new data technology transforms upstream valuations

  • 09 10月 2019

  Natural resources research and consultancy Wood Mackenzie launches the world’s first Global Upstream Valuation solution, enabling organisations from the largest oil and gas companies to global banks to value assets around the globe in seconds.

• Comment

  Santos to acquire ConocoPhillips northern Australian assets

  • 14 10月 2019

  Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. This is a logical and attractive transaction for a number of reasons.

• Comment

  Total expands partnership with Adani on India's gas market

  • 14 10月 2019

  Total announced today its partnership with Adani Group which includes two LNG terminals, Dhamra in East India and potentially Mundra in the West, as well as Adani Gas Limited, one of the 4 main distributors of city gas in India of which Adani holds 74.8% and of which Total will acquire 37.4%.

• Comment

  Brazil’s PSC Round 6 disappoints as Petrobras lodges sole bid

  • 07 11月 2019

  Speaking after this morning’s PSC round, Juliana Miguez, from Wood Mackenzie’s Latin America upstream team, said: “Petrobras has returned to the headlines. One day after it dominated the Transfer of Rights Surplus round, the NOC placed the only bid of today’s auction."