Wood Mackenzie

Our analysts discuss key events over the past month. For September, Jean-Baptiste Bouzard and Lennert Koch talk to Gail Anderson about Congo’s licensing round and our findings on the gas and power market following our recent research visit to Ghana.

Analysts from Woodmac's Middle East and North Africa team discuss Qatari LNG expansions and recent M&A activity in the region

Is the Australian east coast market facing gas shortages? Will gas be redirected away from LNG exports? What is the potential impact of gas price? Angus Rodger, Chris Meredith and Nicholas Browne discuss the implications based on the brand new Australia east coast gas market report (https://www.woodmac.com/reports/chemical-markets-australia-east-coast-gas-market-outlook-28653).

Our experts discuss the latest takeaways from Wood Mackenzie's recent visit to Argentina, the country's macro-environment and what our shale benchmarking metrics really mean

Valentina Kretzschmar, Director, and Kevin Swann, North Sea analyst at Wood Mackenzie share insights on Total’s discovery in West of Shetland.

Research Director Rob Clarke and Senior Analyst Edward Sherfey join the podcast to share what they've learned about their recent trips visiting clients across North America.

Greig Aitken and Scott Walker from our M&A team discuss August's upstream M&A activity. Deal activity strengthened for the second consecutive month, with Diamondback's US$9.3 billion acquisition of Permian pure-play Energen providing further evidence that corporate consolidation is now a theme in the Permian.

We consider OMV’s US$0.8 billion acquisition of a 50% stake in Malaysia’s Sapura Energy

Roy Martin and Greig Aitken discuss Southwestern's exit from a shale play that was once the crowning glory of its portfolio.

Analysts from Woodmac's Middle East and North Africa team discuss South Pars 11 in Iran and the Majnoon project in Iraq.

Our analysts discuss key events over the past month. For August, Lennert Koch, Aislinn Clarke, Jon Lawrence and Gail Anderson discuss South Sudan production, Namibia licensing and President Buhari’s withheld assent of Nigeria’s Petroleum Industry Governance Bill.

Ruaraidh Montgomery gives his reaction to ExxonMobil’s latest discovery offshore Guyana and what it might mean for wider exploration activity in the Equatorial Transform Margin, while Greg Roddick adds some insight on what the ongoing Liza project means for the partners involved.

The Romanian Parliament will spend the rest of 2018 reviewing the new Offshore Law that President Iohannis rejected in August. The proposed extra revenue tax on gas remains the main concern for offshore operators. Wood Mackenzie’s upstream and petroleum taxation experts – Adam Meredith (adam.meredith@woodmac.com) and Aleks Popovics (aleksandrs.popovics@woodmac.com) – discuss some of the key takeaways from our recent report “Romania is considering higher taxes for Black Sea projects”. You may be interested in the following reports: https://www.woodmac.com/reports/upstream-oil-and-gas-romania-is-considering-higher-taxes-for-black-sea-projects-25797 https://www.woodmac.com/reports/upstream-oil-and-gas-neptun-deep-domino-and-pelican-sud-13946966 https://www.woodmac.com/reports/upstream-oil-and-gas-ana-and-doina-7652695

We are joined by Analyst, Jessica Van Slyke and Research Director, Rob Clarke to discuss how associated gas resource impacts the cost curve.

Angus Rodger and Greig Aitken discuss Santos' acquisition of Quadrant Energy, the Australian gas-focused producer that recently made a headline-grabbing oil discovery.

Juliana Miguez, gerente, e Luiz Hayum, analista de Upstream Research para América Latina discutem as principais conclusões do nosso Insight, Brazil's Campos basin mature oil fields: decommission or redevelop? O custo esperado para o descomissionamento de 32 plataformas na bacia de Campos até 2025 é de US$8 bilhões. A mudança de foco do investimento para o mais atrativo pré-sal da bacia de Santos irá resultar no cessar precoce da produção de muitos campos da bacia de Campos. Os US$8 bilhões propostos para gastos em descomissionamento desses campos maduros poderia ser investido e atrasar 60% dos custos de descomissionamento para depois de 2030, gerando royalty adicional e empregos.

Juliana Miguez, manager, and Luiz Hayum, analyst in the Upstream Research team for Latin America discuss the key takeaways from our Insight, Brazil's Campos basin mature oil fields: decommission or redevelop? The decommissioning of 32 platforms in the Campos basin by 2025 is expected to cost US$8 billion. The shift in investment to the more prolific Santos basin pre-salt will lead to the early cessation of production in many Campos basin fields. The US$8 billion proposed for the decommissioning of these mature fields could be invested and postpone 60% of decommissioning costs to after 2030, generating extra royalty and jobs.

Permian consolidation: our analysts debate whether Diamondback's acquisition of Energen will trigger similar deals.

Kosmos surprised many and acquired Deep Gulf Energy in a billion-dollar deal as the M&A market is heating up. While Kosmos' bread and butter is frontier exploration, Deep Gulf focuses on developing small subsea tie-backs. Together, they can take advantage of each other's strengths, but will their plans play out? Guest include Michael Murphy and Imran Khan from our Gulf of Mexico team.

Apache and Oxy monetise their Permian midstream positions