Posts by Akmal Harith
APGCE 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…
Read MoreWelligence Indonesia Exploration | Eni’s top class exploration credentials underlined by Indonesian discovery
Eni has announced its latest exploration success, a major gas/condensate discovery in Indonesia’s prolific Kutei Basin. The deepwater Geng North-1 well encountered a 50 m…
Read MoreUK M&A | Ithaca goes all in on Cambo via Shell acquisition
On 12 September 2023, Ithaca Energy announced it had acquired Shell’s 30% in the West of Shetland (WoS) Cambo development for US$77.85 million. The deal…
Read MoreIndonesia M&A | Eni doubles down on gas with acquisition of Chevron’s Indonesia assets
On 25 July 2023, Eni announced the acquisition of Chevron’s operating interest in the Ganal (62%), Rapak (62%) and Makassar Strait (72%) PSCs. Closing is…
Read MoreIndonesia Rumblings on the Ground | Indonesia’s gas/LNG and CCS opportunities drawing increased attention
The Welligence team recently attended the Indonesian Petroleum Association convention (IPA) in Jakarta. The event provided an excellent and well-attended forum for energy professionals to…
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