Upstream by S&P Global Commodity Insights

Attending #IMAGE this week? Don’t miss our fireside chat with #AWS Today at 12:30 pm and find out more about how AI and cloud computing are reshaping how data is utilized driving faster decision-making in the energy sector. See you at booth #1614

Join us for the S&P Global Commodity Insights webinar: "Q3 2024 US Natural Gas Supply Outlook" Producers have displayed reluctance to increase volumes in 2024 so far. The next two years will be a wild ride for natural gas prices and production; demand impulses will arise during planning seasons — an annual period already fraught with uncertainty and caution. LNG demand through 2026 is largely locked in. Near-term capital discipline, dry powder in the form of drilled but uncompleted wells (DUCs), completed but delayed turned-in-line (TIL) wells, production curtailments and a conservative planning price outlook among producers will likely cause Henry Hub volatility as operators ramp to meet export demand, but with an eye toward positive cash flows. Check out the link in the comments below to sign up today! #naturalgas #lng #upstream

Don't miss out on the chance to register for our exclusive webinar, taking place on September 12th, to explore S&P Global Commodity Insights cost services and gain insights into the latest upstream industry trends and spending forecasts. Our experts will discuss the latest cost trends covering upstream capital and operating costs, and downstream capital costs, showing how our tools can help understand, anticipate, and stay ahead of cost trends to maximize your competitive advantage. https://lnkd.in/edAA2M7Z

S&P Global Commodity Insights are delighted to be attending #ONS this year as Knowledge Partners. The theme for ONS 2024, "Imagine," emphasizes the pivotal role of practical measures and strategies in addressing the pressing challenges of the energy sector, set against the backdrop of a rapidly evolving global energy landscape. We will be at Hall 9 Stand 9110 and you'll have the chance to hear from our thought leaders throughout the week during our various events, panels and presentations. For more information on our participation at ONS, please visit our dedicated website (linked in comments below)

S&P Global Commodity Insights are delighted to be attending #ONS this year as Knowledge Partners. The theme for ONS 2024, "Imagine," emphasizes the pivotal role of practical measures and strategies in addressing the pressing challenges of the energy sector, set against the backdrop of a rapidly evolving global energy landscape. We will be at Hall 9 Stand 9110 and you'll have the chance to hear from our thought leaders throughout the week during our various events, panels and presentations. For more information on our participation at ONS, please visit our dedicated website (linked in comments below)

Join S&P Global Commodity Insights at our annual cocktail reception at #IMAGE24 sponsored by Snowflake! Think Vic & Anthony's, cold AC, libations, conversations, and delectable nibbles. Register Now - link in the comments below!

How can indigenous companies transform Nigeria's energy landscape? 🔍💡 Chappal Energies is making significant strides with its recent acquisitions from Equinor and TotalEnergies, tapping into the opportunities created by supermajors divesting their onshore and shallow-water assets. With the acquisition of operational rights in the OML 128 and OML 129 fields, Chappal is set to enhance its reserves by around 570 million barrels, in addition to 670 million boe from TotalEnergies. This strategic expansion positions Chappal to play a critical role in Nigeria's energy future, especially as major companies pivot towards deepwater projects. The potential to double production by the early 2030s speaks to the untapped resources waiting to be developed. Check out the latest update from upstream expert Maria Lupachik (maria.lupachik@spglobal.com) -link in the comments below #Upstream #M&A #energytransition

Galp Energia has initiated the sale of a 40% stake in its #Namibian petroleum exploration license (PEL 83) in the #Orange sub-basin, which is estimated to hold at least 10 billion barrels of oil and gas equivalent in the #Mopane discovery. This move comes as Galp prepares for a significant exploration campaign, potentially maximizing the asset's value before finalizing any partnerships. With reports of some key major players eyeing opportunities in the region, the competition is heating up. So if you want to know more, S&P Global Commodity Insights has published it latest valuation of the asset. For more information reach out to experts Utsav Agarwal (utsav.agarwal@spglobal.com) or Braden Orr (braden.orr@spglobal.com), and find the link to the full document in the comments below. #Upstream #exploration

I had the pleasure of chairing a dynamic session on August 6th at the S&P Global Energy Forum in Rio de Janeiro, where we explored the critical role of Latin America in the global energy landscape. With its abundant hydrocarbon reserves and strategic geographic position, the region is driving innovation in exploration and production, with countries like Brazil and Guyana leading the way through recent discoveries and technological advancements. I was fortunate to share this lively discussion with my esteemed guest panelists Claudia Pessagno, Ha Nguyen, and Ricardo Savini. Together, we navigated the future of upstream in Latin America and exchanged valuable insights that will shape the industry’s path forward. Thank you to everyone who participated and made this session truly enriching! #Energy #OilAndGas #LatinAmerica #Upstream #Innovation #Sustainability #InvestmentOpportunities #SPGlobalEnergyForum Upstream by S&P Global Commodity Insights

S&P Global Commodity Insights is proud to partner with AEC African Energy Week as a Technical Partner in 2024! African Energy Week (AEW) is the African Energy Chamber’s annual event, uniting African #energy leaders, global investors and executives from across the public and private sector for four days of intense dialogue on the future of the African energy industry. As Technical Partner, we will offer a platform for project developers and financiers to sign deals and unlock a new era of growth across Africa’s oil, gas, critical mineral and renewable energy sectors. Register for #AEW24 here: https://lnkd.in/edAV-rKe