W|EPC: Alternative Fuels & Energy Projects

W|EPC: Energy Project Coverage

Webber Research’s research focuses on providing unparalleled detail and analysis around the development and construction of large-scale energy projects, including LNG (Liquefaction), Floating Liquefaction (FLNG), Petrochemical (Pet-Chem), PDH, Ammonia, Methanol, and more. In addition to traditional Oil & Gas, W|EPC also maintains market leading practice across Alternative Fuels, including Hydrogen (H2), Biofuels, CNG, Methanol, Ammonia, LNG, Fuel Cells, and Battery/EV systems, all through the lens of technical, commercial, and financial expertise. Our W|EPC research product includes our flagship coverage of global LNG projects, as well as a growing footprint in Pet-Chem, Ammonia, and other sectors.

W|EPC Subscription Details

W|EPC Platform Overview:

Term: Quarterly (billable and cancelable). Two Quarter Minimum.
Platform Pricing (3 Users): email us at [email protected] or [email protected]
Individual Pricing: Bespoke

Subscription Includes:

Comprehensive Research & Insights: Immediate access to our best-in-class LNG, Energy Infrastructure, and Alternative Fuels research, which integrates EPC, Finance, & Regulatory expertise into a single platform – distributed via secure, individualized email links, including:

Quarterly LNG Project Research:

Multi-factor Quantitative Project Models:	Integrating +2000 data points and ~25 milestones
Project Timeline Estimates:	Detailed Estimates (by block or by train)
Natural Gas Feedstock Timing & Volumes:	Providing a unique edge on natural gas demand
Satellite Imagery & Filing Analysis:	Dynamic support for model assumptions
Budget & Cost Curves:	Tracking progress, labor, & engineering
W\|EPC Project Database:	Key cost, timeline, & regulatory data

Multi-Disciplined Expertise:

Webber Research’s LNG Weekly & Real-Time Insights
Our Multi-Factor, Integrated S/D Model, which probability weights +150 LNG/Regas projects
Equity Research: Entire LNG Value Chain – integrating finance, EPC, and regulatory disciplines
Access to our full Research Library, client calls, and video replays
Updated models, industry data, & satellite imagery

On-Demand Analyst Access:

On-demand access to our analyst teams, EPC experts & engineers in New York & Houston
Bespoke sensitivity analysis & project work
Project reviews, teach-ins, or client calls – live expertise, whatever or whenever it’s needed.

Uncommon Detail. Unparalleled Insight.

Detailed Timeline Estimates

Key Milestones Estimated To the Day, Modeled Train by Train, or Block by Block

Satellite Image & Filing Analysis

Tracking Physical Progress Through Aerial Imagry, While Overlaying A Deep Review of Federal, State, & Local Filings

Project Models – Progress Curves

Proprietary Project Models, Integrating Thousands of Datapoints, and Dozens of Milestones

W|EPC Project & Industry Coverage

LNG Projects	Relevant Companies	Industries & Alt Fuels
Arctic 2 LNG	ADNOC	Ammonia
Browse LNG	AirProducts (APD)	Ethane
Calcasleu Pass LNG	Baker Hughes (BKR)	Floating Liquefaction
Cameron LNG	Bechtel	Floating Regas
Commonwealth LNG	Cheniere (LNG, CQP)	Hydrogen
Corpus Christi LNG	Chevron (CVX)	Liquefaction
Costa Azul (ECA)	Chiyoda Corp. (CHYCY)	LNG
CP2 LNG	Energy Transfer (ET)	LNG Bunkers
Delfin LNG	Enterprise Product Partners (EPD)	LNG Carriers
Driftwood LNG	ExxonMobil (XOM)	Methanol
Elba Island LNG	Fluor (FLR)	Micro-grids
Freeport LNG	Golar LNG (GLNG)	Natural Gas
Fujairah LNG	JGC Holdings (JGCCY)	Nuclear
Golden Pass LNG	KBR, Inc. (KBR)	PDH
Lake Charles LNG	Kiewit	Petro-Chemicals
LNG Canada	Kinder Morgan (KMI)	…and more
Mozambique Area 1	Kosmos (KOS)
Nigeria Train 7	McDermott (MCDIF)
Plaquemines LNG	Methanex (MEOH)
PNG LNG	Mexico Pacific Limited
Port Arthur LNG	New Fortress Energy (NFE)
Qatar NFE	NextDecade (NEXT)
Rlo Grande LNG	Petronas (PNAGF)
Rovuma LNG: Area 4	Qatar Energy (QE)
Sabine Pass LNG	Sempra Infrastructure (SRE)
Saguaro LNG (MPL)	Shell (SHEL)
Tortue LNG	TotalEnergies (TTE)
…and more	Woodside Energy (WDS)
	Worley Ltd. (WYGPY)
	…and more

Our W|EPC team

Michael Webber, CFA

Managing partner

Michael Webber, CFA
Managing Partner – Export Infrastructure

Mike co-founded Webber Research & Advisory in 2019, and has spent the past 13 years in equity research covering Export Infrastructure, Shipping, & Transportation at Wells Fargo & Deutsche Bank. Mike has been named to Institutional Investor’s (I.I.) All-America Research Team in each of the past 5 years, finishing as the #1 ranked Shipping & LNG analyst in 2019, 2018, 2017, 2016, & 2015, and part of the #1 ranked Natural Gas team in 2019. He was named the sector’s best stock picker by the FT 2013, #2 in 2012, named in Business Insiders: Rising Stars Of Equity Research Under 35 in 2017, and is a NAMEPA award winner for his work in ESG. Mike graduated from the University of Virginia in 2004.

Eric Smith

Director, W|EPC

Robert Meaney

Energy Engineering, W|EPC

Alexander Bidwell

Associate Analyst

Qamer Iqbal
Carbon Capture Engineering

For the last 17 years, Qamer has focused his career in the Technology Development and Engineering sectors of the Energy Industry concentrating on large scale Refinery, Midstream and Petrochemical projects. Qamer has a leading expertise in Process Design & Technology, Project Management and for multiple global Engineering and Construction companies.

Qamer earned his Master’s degree in Engineering from Lamar University, Beaumont TX. He is a Certified Project Management Professional (PMP) and registered Professional Engineer (PE) in the state of Texas and Louisiana. Qamer has a diversified background in Engineering, Project Management, Process Design and Systems Design. Qamer is leading the Webber Research Carbon Capture Utilization and Storage (CCUS) efforts where he is also responsible for researching and designing CCUS technology and connecting new technology with industry users, technology partnerships and strategic opportunities.

Greg Wasikowski, CFA

Associate Partner

Greg Wasikowski, CFA
Associate Partner & Co-Founder

Greg was a senior member of the #1 I.I. ranked Wells Fargo LNG, Shipping, & Equipment Leasing team from 2017-2019, prior to which he worked in Consulting for RSM US LLP. Greg attended Bucknell University where he majored in Accounting and Financial Management and was a member of the baseball team. Greg holds the CFA designation.

Walter Lobo

Institutional Sales

Walter Lobo
Director of Institutional Sales

Walter Lobo joined Webber Research in September 2020 as Director of Institutional Sales. From 2007 to 2017 Mr. Lobo was a Director of Institutional Sales at Wells Fargo Securities. While at Wells Fargo he managed a diverse book of institutional clients in Europe, New York and the Midwest.

Prior to Wells Fargo, Mr. Lobo was a Director of Institutional Research Sales at A. G. Edwards from 1999 to 2007. From 2005 to 2007 Mr. Lobo ran the A.G. Edwards Sales Office in Geneva, Switzerland. Mr. Lobo earned a B.S. in Business Administration from Villanova University.