Posts by Emanuel Castro
Colombia’s new president – will Petro’s bark be worse than his bite?
Petro, who assumes office on August 7, has been a longtime critic of the country’s extractive industries and has made comments and set a policy…
Read MoreBallymore FID no herald of GoM renaissance
“Companies are not making investment decisions based on today’s oil price” says Matt Snyder, Vice President and head of GoM research at Welligence Energy Analytics.
Read MoreWelligence Africa M&A | Tullow and Capricorn merger will create major African energy player
Two of the UK’s most established independents, Tullow Oil and Capricorn Energy, have agreed to merge. The combined entity will be one of the largest…
Read MoreSub-Saharan Africa Upstream M&A Report – Q1 2022
Despite a handful of headline-grabbing deals, deal flow remains limited in terms of deal count and the dollar values changing hands. A significant uptick in…
Read MoreShell/Ecopetrol & TotalEnergies battle it out in Brazil’s latest bid round
The ANP’s 3rd Permanent Bid Round (Concession) was a success, drawing competition from some of the industry big guns, while allowing Brazil’s newly emergent and…
Read MoreWelligence Americas M&A Q1 2022 | Strong quarterly deal flow in Brazil, but will high prices deter activity over the rest of the year?
A pair of Petrobras sales in Q1 is set to bring in almost US$2 billion. In January, the company sold the Potiguar Cluster to 3R…
Read MoreExxonMobil maintains breakneck Stabroek pace
The FID announcement “underlines Stabroek’s importance to ExxonMobil and its partners”, says Andre Fagundes, vice-president at consultancy Welligence Energy Analytics.
Read MoreGame changing acquisition in Brazil — Seacrest takes the Norte de Capixaba Cluster
Another important onshore cluster was sold this week by Petrobras as part of their ongoing divestment program. This time Seacrest Petroleo SPE Norte Capixaba (a…
Read MoreAnother record-breaking onshore deal in Brazil – 3R Petroleum takes the Potiguar Cluster
As we anticipated in our previous report where Grupo Cobra took the Carmopolis Cluster for US$1.1 billion, more sizeable Petrobras divestments were coming. And at…
Read MoreHave CGX/Frontera made a game-changing discovery offshore Guyana?
Lying within the prolific “Golden Lane” that has yielded billions of barrels to date, CGX Energy’s Kawa discovery looks like a gamechanger and the culmination…
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