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News Release
Brulpadda delivers the goods for Total
- 07 February 2019
French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have made a potentially play-opening discovery with the Brulpadda-1 well, in South Africa’s deepwater Outeniqua basin, about 180 kilometres south-east of PetroSA's Mossel Bay gas-to-liquids plant.
News Release
Smoother sailing ahead for upstream supply chain players
- 06 February 2019
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie. As project FIDs increase, demand for equipment and services are buoying the prospects for the upstream supply chain.
News Release
Golden Pass crests second wave of US LNG
- 05 February 2019
ExxonMobil and Qatar Petroleum’s announcement that they will proceed with development of the Golden Pass liquefied natural gas (LNG) export project at Sabine Pass, Texas, kicks off what could be a record year for LNG final investment decisions (FIDs). The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas-Centrica and Shell. ExxonMobil (30%) and Qatar Petroleum (70%) said construction at Golden Pass will begin in the first quarter of this year, with start-up scheduled for 2024.
News Release
Has FLNG crested the wave?
- 30 January 2019
Despite its small share of the total liquefied natural gas market, floating LNG (FLNG) has generated outsized interest in recent years. In a world requiring tight capital discipline, FLNG offers lower capital investment and manageable costs, particularly in frontier regions.
Comment
Glengorm ‘largest UK gas find since 2008’
- 29 January 2019
CNOOC Ltd and Total's Glengorm gas discovery, in teh Central North Sea, is the largest gas find in UK waters since Culzean in 2008
12850 related products from the Store that match
- Asset Report
  Western Haynesville and Bossier shale gas unconventional play
  - 05 February 2026
  The Western Haynesville and Bossier shale gas play represents one of the most exciting developments in the US, with production projected to reach 2 bcfd by 2030. This analysis examines the ultra-deep play spanning six East Texas counties, targeting formations at extreme depths of 14,500-19,000 ft. Key insights include: Resource potential and commercial reserves, key operators and well economics.…
- Asset Report
  Barataria (MC 521)
  - 05 February 2026
  Barataria (MC 521) is an oil field in the Mississippi Canyon protraction area of the Central Gulf of Mexico. The field was discovered by Deep Gulf Energy (22.5% and operator) in August 2015, and has been developed as a tieback, via South Santa Cruz, to the Blind Faith facility located approximately 19 kilometres (12 miles) from the field. Barataria reached first oil in June 2017.
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Comment
Brent set to average $65/b in 2019
- 21 January 2019
Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What's the outlook for 2019?
News Release
Outlook sluggish for upstream M&A
- 21 January 2019
Upstream dealmakers start 2019 facing an uphill battle. Volatile oil prices and bearish equity markets impede deal flow by creating uncertainty, widening the bid-ask spread, altering financial conditions and making companies re-think near-term strategies. In Q4 2018, as these factors emerged, deal count dropped to its lowest level since Q1 2015, with December the slowest month since January 2015.
Comment
Fibrant Nanjing declares force majeure on Caprolactam
- 18 January 2019
Commenting on Fibrant Nanjing's announced force majeure on Caprolactam, Dr. Crystal Chiang, Wood Mackenzie Chemicals Asia Polyamide Director, said:
News Release
Looming supply chain crunch threatens US wind energy boom
- 09 January 2019
Read about the potential supply chain issues facing the US wind energy industry & how they may impact its growth.
Comment
Medco Energi's potential takeover of UK-listed Ophir Energy
- 02 January 2019
On the first day of 2019, Ophir announced it was in talks with Indonesia's Medco Energi regarding a cash takeover. No amount or other details have yet been released, other than Medco has to make a clear binding offer by the 28th of January if a deal is to proceed. Ophir's upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania. It also has exploration acreage in Mexico and Bangladesh.
News Release
US Gulf of Mexico poised for historic year in 2019
- 19 December 2018
Next year is shaping up to be a good one in the US Gulf of Mexico, with the first increase in drilling in four years, first-ever production from a Jurassic play, key new project sanctions and an uptick in M&A all in the cards, according to Wood Mackenzie's annual US Gulf of Mexico outlook.
News Release
North America to lead next wave of global LNG projects
- 18 December 2018
North America will lead the next wave of global LNG project sanctions in 2019, with three US Gulf Coast developments expected to reach final investment decision (FID) in the first half of 2019, according to Wood Mackenzie's latest quarterly North America LNG projects update.
News Release
Upstream companies positioned to thrive in 2019
- 17 December 2018
Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry. In the recently published 2019 upstream and corporate outlook reports, Wood Mackenzie highlights how well prepared the industry is to adapt and thrive in tumultuous times.
News Release
Solar tariffs hold back Q3 installations, scramble project timelines as procurement pipeline booms
- 13 December 2018
The Section 201 solar tariffs took a toll on U.S. utility-scale solar installations in the third quarter according to the U.S. Solar Market Insight Report for Q3 from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The residential market, meanwhile, continued...
News Release
Major LNG buyers' uncontracted demand to quadruple by 2030
- 13 December 2018
Wood Mackenzie's latest research reveals that uncontracted demand by the world's seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.
Comment
OPEC and Russia agree output deal
- 07 December 2018
OPEC and its allies agreed a 1.2 million barrel per day cut after two days of tense meetings in Vienna.
News Release
US energy storage project pipeline doubles in 2018, nears 33 GW
- 06 December 2018
The pipeline for energy storage projects in the U.S. has doubled this year, ballooning to 32.9 gigawatts, according to the latest U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). While not all of the projects will come to fruition, this ...
Comment
ExxonMobil's Pluma marks a perfect 10
- 04 December 2018
ExxonMobil’s exploration success in the last few years has established the Guyana basin as one of the world’s offshore exploration hotspots. Luiz Hayum, research analyst with Wood Mackenzie's Latin America upstream oil and gas team, comments on Exxon's latest find, Pluma.
News Release
2-degree world out of reach even under accelerated energy transition
- 30 November 2018
The global energy transition is underway, but is a 2-degree world within reach? In its alternative energy outlook, Carbon-constrained scenario 2018: Navigating a challenging path to lower global emissions, Wood Mackenzie explores how commodity demand and carbon emissions react by an accelerated deployment of power and transport sector technologies.
News Release
What do the US mid-term election results mean for renewable energy?
- 21 November 2018
The results of this year's U.S. mid-term elections may open a path for higher renewable portfolio standards and gigawatts of solar and wind deployments, according to a new analysis from Wood Mackenzie Power & Renewables.
News Release
Big Data adds up to big savings for upstream players
- 12 November 2018
The upstream sector could save as much as US$75 billion annually thanks to digitalisation and Big Data. In its new report, Digitalisation in upstream: Show me the money, global natural resources consultancy Wood Mackenzie dug into the numbers to see exactly what Big Data could do for Big Oil – and smaller players too.
Comment
Hammond raises hopes of decommissioning hub role for Scotland
- 30 October 2018
In the Autumn Statement, the UK's Chancellor of the Exchequer Philip Hammond did not make any headline changes to oil and gas tax rates, setting out instead plans to make a "call for evidence" on how to establish Scotland as a global hub for decommissioning.
Comment
OGA gives Alligin and Finlaggan the green light
- 23 October 2018
UK Oil & Gas Authority gives the Alligin and Finlaggan developments the green light
Comment
Petronas takes 10% stake in Oman’s Khazzan development
- 23 October 2018
Malaysian NOC Petronas buys a 10% interest in Oman's Khazzan development
News Release
New Turkmengaz gas and chemical complex good news for domestic petrochemicals industry
- 18 October 2018
Following the opening of the new Turkmengaz gas and chemicals complex, located in Kiyanly, Turkmenistan, Wood Mackenzie Chemicals Analyst Laurie Baxter commented:
News Release
US-China trade dispute will disrupt global polyolefins trade
- 16 October 2018
Following the escalation of trade tariff disputes between the world’s two largest economies, China and the U.S., Wood Mackenzie Chemicals expects that U.S. polyolefins exports to China will be negatively impacted by 50% in 2019.
News Release
How do the Majors stack up in the Lower 48?
- 16 October 2018
The Major oil and gas companies have made big strategic bets on the US Lower 48's unconventional plays. The scale, returns and investment flexibility offered by tight oil and gas has made it an essential part of most major players’ portfolios. But how do the players compare to each other?
Comment
Ensco beefs up fleet with Rowan deal
- 08 October 2018
Offshore driller Ensco is poised to buy smaller rival Rowan in an all-stock deal valued at $2.38 billion.
News Release
Wood Mackenzie focuses Lens on data
- 02 October 2018
Fresh new design, cutting-edge cloud technology and open-source solutions are the hallmarks of Wood Mackenzie’s all-new platform, Lens. It enables the consultancy’s natural resources clients to access, analyse and model data in every major commodity, in every market, in ways they have never been able to do before.
Comment
Total hits the jackpot at Glendronach
- 24 September 2018
Total has made a major gas discovery in the UK's West of Shetland region, hitting an estimated 1 trillion cubic feet of gas

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Search results: 5291

Brulpadda delivers the goods for Total

Smoother sailing ahead for upstream supply chain players

Golden Pass crests second wave of US LNG

Has FLNG crested the wave?

Glengorm ‘largest UK gas find since 2008’

12850 related products from the Store that match

Western Haynesville and Bossier shale gas unconventional play

Barataria (MC 521)

Brent set to average $65/b in 2019

Outlook sluggish for upstream M&A

Fibrant Nanjing declares force majeure on Caprolactam

Looming supply chain crunch threatens US wind energy boom

Medco Energi's potential takeover of UK-listed Ophir Energy

US Gulf of Mexico poised for historic year in 2019

North America to lead next wave of global LNG projects

Upstream companies positioned to thrive in 2019

Solar tariffs hold back Q3 installations, scramble project timelines as procurement pipeline booms

Major LNG buyers' uncontracted demand to quadruple by 2030

OPEC and Russia agree output deal

US energy storage project pipeline doubles in 2018, nears 33 GW

ExxonMobil's Pluma marks a perfect 10

2-degree world out of reach even under accelerated energy transition

What do the US mid-term election results mean for renewable energy?

Big Data adds up to big savings for upstream players

Hammond raises hopes of decommissioning hub role for Scotland

OGA gives Alligin and Finlaggan the green light

Petronas takes 10% stake in Oman’s Khazzan development

New Turkmengaz gas and chemical complex good news for domestic petrochemicals industry

US-China trade dispute will disrupt global polyolefins trade

How do the Majors stack up in the Lower 48?

Ensco beefs up fleet with Rowan deal

Wood Mackenzie focuses Lens on data

Total hits the jackpot at Glendronach

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