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Posts by Adi Abdiu

Welligence Russia & Caspian Q3 2025 M&A Quarterly | A lull for quarterly M&A

During Q3 we recorded no transactions in upstream developed assets, versus two seen in Q2, although there were several other new contracts signed, progress made…

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Welligence Russia & Caspian Deep Dive | Karabash – West Siberia’s prospective new frontier?

The Welligence team examine the recent results from the Zaozernaya #1 well, conducted by the operator VNIGNI (the Russian Geological Institute), which potentially unlocks a…

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UK M&A | Serica Energy grows in the UK with triple M&A strike

Serica Energy has strengthened its UK footprint through a triple M&A move, acquiring assets from Prax Upstream, ONE-Dyas and TotalEnergies for a combined US$25.6 million.…

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Welligence SSA Rumblings on the Ground | Financing upstream growth and unlocking frontier potential in SSA

The Welligence team attended AOW 2025 in Accra. engaging with governments, IOCs, independents, financiers, and traders.   CLIENT ACCESS REQUEST ACCESS

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Welligence Europe Q2 2025 M&A Quarterly | A quiet quarter for M&A

  Three transactions were announced in Q2 2025, a drop from the five announced in Q1. All three were small UK transactions, with a total…

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Welligence Middle East Politics and Infrastructure | The strategic importance of the Strait of Hormuz

Israel and Iran have had no diplomatic relations since the Iranian revolution in 1979. Tensions escalated after Iran backed Hamas killed 1,200 Israelis and captured…

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Kazakhstan Rumblings on the Ground | Ongoing arbitration clouds significant opportunities

Welligence recently visited Almaty & Astana in Kazakhstan to meet with key stakeholders in the energy sector to gauge the overall upstream climate and the…

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Turkmenistan M&A | XRG and Hazarnebit acquire equity in Block 1 from PETRONAS in a significant deal for Turkmenistan

PETRONAS has signed a new PSC for Block 1 in Turkmenistan, a large producing gas/condensate project, with XRG (ADNOC) and Turkmen state enterprise Hazarnebit joining…

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Africa Energies Summit Rumblings on the Ground | Making African oil and gas great again

The Welligence team joined the 8th Africa Energies Summit in London, attended by governments, oil firms, financiers, and key industry stakeholders. CLIENT ACCESS REQUEST ACCESS

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Welligence Europe Q1 2025 M&A Quarterly | Five deals announced, US$5 billion traded

Five transactions were announced in Q1 2025, in line with the quarterly average since 2021. While deal volume was steady, the total value traded was…

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