Latest news with #RossLubetkin
Zawya
4 days ago
- Business
- Zawya
Welligence Chief Executive Officer (CEO) to Bring Data-Driven Investment Strategy to African Energy Week (AEW) 2025
Africa Energy Week (AEW) 2025: Invest in African Energies is pleased to announce Ross Lubetkin, CEO of Welligence Energy Analytics, as a confirmed speaker at this year's event in Cape Town. As global attention turns to Africa's upstream resurgence and the continent's growing role in energy security, Welligence offers a data-driven perspective on how global investors can capitalize on emerging oil and gas opportunities across the region. From Senegal's deepwater basins to Angola's mature fields and Namibia's frontier discoveries, Welligence offers granular intelligence that enables investors to make smart, timely and strategic decisions. Earlier this year, Welligence forecast that global LNG prices will remain elevated through 2025, with sub-Saharan Africa positioned as a key growth region for LNG-related mergers and acquisitions (M&As). East and West African coastal assets are increasingly viewed as strategic targets, as operators look to advance projects toward FID amid shifting global supply dynamics. In parallel, opportunities in Asia-Pacific are expected to support long-term diversification of supply for key LNG buyers, further reinforcing Africa's relevance in the global LNG landscape. In May 2025, Welligence co-hosted a webinar with the African Energy Chamber (AEC), highlighting strong momentum in African exploration and production activity. The session outlined several key investment trends, including growing interest in West African frontier plays, the resurgence of mature producers such as Angola and Nigeria, and a wave of new licensing rounds attracting global attention. While long-term investment is expected to remain anchored by major international oil companies, independent players are increasingly active – driving much of the M&A activity and acquiring divested assets across the continent. 'The Welligence team continues to shape how investors understand African energy – from geology to geopolitics. Their data-driven insights provide clarity in a fast-evolving market, enabling investors to navigate complex regulatory environments, assess basin potential with confidence, and respond quickly to licensing and development opportunities. At a time when Africa needs more energy investment, Welligence is helping bridge the gap between ambition and action.' states NJ Ayuk, Executive Chairman, African Energy Chamber. At AEW 2025, Lubetkin will join a panel focused on aligning international capital with Africa's energy priorities – offering a practical look at how accurate intelligence and collaboration between African and global stakeholders can drive exploration, development, and ultimately, energy access across the continent. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Distributed by APO Group on behalf of African Energy Chamber.
Mid East Info
24-04-2025
- Business
- Mid East Info
Welligence to Partner with UAE's NextGen FDI Initiative to Provide Cutting-Edge Data to Energy Sector - Middle East Business News and Information
Welligence is a leading data analytics provider for energy firms, that promotes the energy transition in the oil and gas sector using advanced data science. HE Al Zeyoudi: 'Welligence will strengthen the UAE's innovative energy sector and contribute to the digital transformation of this space, cementing our position as a global leader in the technology and energy spaces. Their presence will contribute to accelerating the digital transformation in the energy sector.' Ross Lubetkin: 'We are delighted to open our regional hub in the UAE and beyond grateful for the country's support.' Abu Dhabi, UAE: The Ministry of Economy has announced that Welligence, a US-based data analytics provider for the energy sector, has joined its NextGen FDI initiative in a move that will strengthen its' presence in the region and will now establish an office in Abu Dhabi for its sales, research, and consulting teams. The US-based software company will also examine the potential to build out a tech team in the UAE, underlining the NextGen FDI initiative's role in supporting the development of future-focused industries. Founded in 2017, Welligence aims to provide innovative solutions accelerated by AI, by efficiently screening and identifying opportunities, benchmarking competitors' portfolios, evaluating economic impacts of GHG emissions, and building credible commercial asset valuations. Their platform provides granular information on energy projects in 193 countries. Welligence has offices in 10 cities around the world and the UAE represents its first foray into the Middle East. HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, says Welligence's decision to expand into the UAE is a clear demonstration of the nation's welcoming ecosystem for high-tech firms and pro-business environment. 'Welligence is precisely the kind of cutting-edge enterprise the NextGen FDI initiative was created to attract. Their expertise in leveraging AI and machine learning to empower decision-making will significantly contribute to promoting both the energy and advanced technology sectors in the UAE. By building a strong presence in the market, including the establishment of research and technology teams, Welligence will also support our pursuit of a knowledge-driven economy.' Ross Lubetkin, Welligence's Chief Executive Officer, stated: 'Opening our regional hub in the United Arab Emirates marks a transformational milestone in our journey. The UAE has firmly established itself at the forefront of global energy innovation, especially when it comes to cutting-edge technology and strategic energy investments. With Welligence's energy research vision driven by our technological edge, there's no better partner than the UAE. We are beyond excited to build our future together and are grateful to the Ministry of Economy for its support.' Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE's drive to diversify its' economy and position itself as a global hub for innovation. To date, the initiative has welcomed over 90 companies operating in future-focused sectors such as AI, renewable energy, robotics, and advanced manufacturing.
Al Etihad
23-04-2025
- Business
- Al Etihad
Welligence to partner with UAE's NextGen FDI Initiative to provide cutting-edge data to energy sector
23 Apr 2025 17:48 ABU DHABI (ALETIHAD)The UAE Ministry of Economy has announced that Welligence, a US-based data analytics provider for the energy sector, has joined its NextGen FDI initiative in a move that will strengthen its presence in the will now establish an office in Abu Dhabi for its sales, research, and consulting teams. The US-based software company will also examine the potential to build out a tech team in the UAE, underlining the NextGen FDI initiative's role in supporting the development of future-focused in 2017, Welligence aims to provide innovative solutions accelerated by AI, by efficiently screening and identifying opportunities, benchmarking competitors' portfolios, evaluating economic impacts of GHG emissions, and building credible commercial asset valuations. Their platform provides granular information on energy projects in 193 countries. Welligence has offices in 10 cities around the world and the UAE represents its first foray into the Middle Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, says Welligence's decision to expand into the UAE is a clear demonstration of the nation's welcoming ecosystem for high-tech firms and pro-business environment.'Welligence is precisely the kind of cutting-edge enterprise the NextGen FDI initiative was created to attract. Their expertise in leveraging AI and machine learning to empower decision-making will significantly contribute to promoting both the energy and advanced technology sectors in the UAE. By building a strong presence in the market, including the establishment of research and technology teams, Welligence will also support our pursuit of a knowledge-driven economy.'Ross Lubetkin, Welligence's Chief Executive Officer, stated: 'Opening our regional hub in the United Arab Emirates marks a transformational milestone in our journey. The UAE has firmly established itself at the forefront of global energy innovation, especially when it comes to cutting-edge technology and strategic energy investments. With Welligence's energy research vision driven by our technological edge, there's no better partner than the UAE. We are beyond excited to build our future together and are grateful to the Ministry of Economy for its support.' Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE's drive to diversify its' economy and position itself as a global hub for innovation. To date, the initiative has welcomed over 90 companies operating in future-focused sectors such as AI, renewable energy, robotics, and advanced manufacturing.
Zawya
23-04-2025
- Business
- Zawya
Welligence to partner with UAE's NextGen FDI Initiative to provide cutting-edge data to energy sector
HE Al Zeyoudi: 'Welligence will strengthen the UAE's innovative energy sector and contribute to the digital transformation of this space, cementing our position as a global leader in the technology and energy spaces. Their presence will contribute to accelerating the digital transformation in the energy sector.' Ross Lubetkin: 'We are delighted to open our regional hub in the UAE and beyond grateful for the country's support.' Abu Dhabi, UAE: The Ministry of Economy has announced that Welligence, a US-based data analytics provider for the energy sector, has joined its NextGen FDI initiative in a move that will strengthen its' presence in the region and will now establish an office in Abu Dhabi for its sales, research, and consulting teams. The US-based software company will also examine the potential to build out a tech team in the UAE, underlining the NextGen FDI initiative's role in supporting the development of future-focused industries. Founded in 2017, Welligence aims to provide innovative solutions accelerated by AI, by efficiently screening and identifying opportunities, benchmarking competitors' portfolios, evaluating economic impacts of GHG emissions, and building credible commercial asset valuations. Their platform provides granular information on energy projects in 193 countries. Welligence has offices in 10 cities around the world and the UAE represents its first foray into the Middle East. HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, says Welligence's decision to expand into the UAE is a clear demonstration of the nation's welcoming ecosystem for high-tech firms and pro-business environment. 'Welligence is precisely the kind of cutting-edge enterprise the NextGen FDI initiative was created to attract. Their expertise in leveraging AI and machine learning to empower decision-making will significantly contribute to promoting both the energy and advanced technology sectors in the UAE. By building a strong presence in the market, including the establishment of research and technology teams, Welligence will also support our pursuit of a knowledge-driven economy.' Ross Lubetkin, Welligence's Chief Executive Officer, stated: 'Opening our regional hub in the United Arab Emirates marks a transformational milestone in our journey. The UAE has firmly established itself at the forefront of global energy innovation, especially when it comes to cutting-edge technology and strategic energy investments. With Welligence's energy research vision driven by our technological edge, there's no better partner than the UAE. We are beyond excited to build our future together and are grateful to the Ministry of Economy for its support.' Launched in 2022, the NextGen FDI initiative is a key pillar of the UAE's drive to diversify its' economy and position itself as a global hub for innovation. To date, the initiative has welcomed over 90 companies operating in future-focused sectors such as AI, renewable energy, robotics, and advanced manufacturing.
