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Upstream oil and gas reports
Egypt 2021 licensing rounds: give old blocks another chance
On 1 March 2021, Egypt launched two licensing rounds covering 24 blocks in the Mediterranean, Western Desert and Gulf of Suez. Many of them were al...
Egypt Western Desert exploration basin
Full-cycle returns in Egypt's Western Desert Basin over the past decade have been excellent. Despite the lack of large discoveries, explorers benef...
EnQuest acquires Magnus operatorship and Barents appraisal spud: Northwest Europe week in focus
The week in focus covers all exploration and appraisal drilling activity throughout Northwest Europe. The report also provides comprehensive covera...
Ensco - Atwood Transaction: The First of Many?
On the 30th May, Ensco announced that it had entered a definitive agreement to acquire Atwood Oceanics in an all-stock transaction. The move has be...
Can balance sheets support growth?
Net debt has shot up by 22% or US$142 billion since 2014 for the companies in our Corporate Service coverage. Average gearing is now 36%, with the ...
Can Egypt squeeze out more barrels with new fiscal terms?
Egypt's oil output is dominated by mature fields where production is rapidly declining and increasing investment is critical to reviving production...
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