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Posts by Akmal Harith

UK 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…

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Indonesia 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…

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Indonesia 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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Indonesia M&A | Pertamina/PETRONAS team up to buy Abadi LNG stake from Shell for US$650 million

On 25 July 2023, Pertamina and PETRONAS announced they are to acquire Shell’s 35% stake in the Masela PSC (also known as the Abadi LNG…

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