Posts by Akmal Harith
APAC Q4 2024 M&A Quarterly | Chevron-Woodside Energy asset swap closes a vibrant gas-dominated M&A year
The year saw 18 deals announced with a total published consideration of US$4.5 billion. In comparison, 2023 had 26 deals but only US$1.7 billion of…
Read MoreVietnam Rumblings on the Ground | Upstream sees optimism and growth
The Welligence team recently visited Ho Chi Minh City in Vietnam. We met with key industry stakeholders to gauge Vietnam’s upstream outlook and share opinions…
Read MoreAustralia M&A | Chevron and Woodside Energy consolidate their Australian interests
On 19 December 2024, Chevron and Woodside agreed to an asset swap deal (with a cash component), allowing each company to consolidate their respective assets…
Read MoreWelligence Australia | Australian gas/LNG shortfalls: Beetaloo to the rescue?
The Beetaloo Basin’s vast onshore shale gas resources offer a unique opportunity to address southeastern Australia’s looming LNG import needs and also revitalise the country’s…
Read MoreAPGCE 2024 Rumblings on the Ground | Malaysia E&P successfully adapts to Sarawak’s uncertainty
The Welligence team recently attended the Asia Petroleum Geoscience Conference & Exhibition (APGCE 2024) in Kuala Lumpur. The event was an excellent and well-attended forum…
Read MoreAPAC Q3 2024 M&A Quarterly | Gas continues underpinning APAC deal-making
In Q3 2024 saw six announced deals, five upstream and one for an LNG liquefaction stake across Malaysia, East Timor and Australia. The region’s M&A…
Read MoreIndonesia Rumblings on the Ground | Indonesia boosting upstream activities to secure sustainable energy growth
The Welligence team recently attended the Indonesian Petroleum Association (IPA) convention in Jakarta. The event provided an excellent and well-attended forum for energy professionals to…
Read MoreGlobal LNG | FSRUs increasingly secure supplies for Europe and Asia’s energy transitions
FSRU demand surged in 2022 from European buyers looking to quickly import LNG following drastic cuts to Russian piped gas supplies. The shock more than…
Read MoreMalaysia Rumblings on the Ground | Gas is the focus for M&A, licensing and development in Asia Pacific
The Welligence team recently attended the Offshore Technology Conference Asia (OTC Asia) 2024 in Kuala Lumpur. The event was an excellent and well-attended forum for…
Read MoreGlobal M&A | TotalEnergies establishes Malaysian gas foothold through deal with OMV
On 31 January 2024, TotalEnergies announced that it had agreed to acquire OMV’s 50% stake in the SapuraOMV JV for US$903 million. The consideration includes…
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