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Bidding bonanza in Brazil's Round 15
Despite the competition from Mexico and US offshore rounds, Brazil’s cash-strapped government again succeeded in attracting huge signature bonuses ...
How will PERTAMINA manage its PSC extension portfolio?
Starting with Offshore Mahakam in 2015, PERTAMINA has been awarded 100% stake and operatorship in 10 PSC extensions to date. The addition of these ...
How will traditional upstream strategies respond to change?
The strategies of the biggest players in the global upstream industry are being challenged and changed by the energy transition. It is adding layer...
Cobalt bankruptcy auction: growth opportunity one, growth opportunity two, sold!
On 7 March 2018, the top bidders were announced in the Chapter 11 bankruptcy auction for Cobalt International Energy's deepwater Gulf of Mexico ass...
Canada's oil sands: doom and gloom in Q1 2018
Q1 2018 saw a steady climb in oil prices like WTI. However, oil sands operators experienced wider price differentials that negated the increases in...
LNG contracting: why despite high spot prices it's still a buyer's market for long-term volumes
The LNG contract market and LNG spot market are travelling in opposite directions. Spot prices presently average just over US$10/mmbtu for June del...
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