Posts by Emanuel Castro
Welligence Americas M&A Q3 2022 | US GoM deal-making finally takes off. Is Brazil’s secondary market ready to follow?
M&A came back with a bang through Talos’ US$1.1 billion acquisition of EnVen at the end of the quarter. The deal could mark the start…
Read MoreWelligence Rumblings on the Ground — Brazil — October 2022
Welligence attended the Rio Oil & Gas Conference last week, Latin America’s largest gathering of industry professionals. Presentations and conversations focused not only on the…
Read MoreWelligence US GoM M&A | M&A back with a bang – Talos acquires EnVen in US$1.1 billion deal
On 22 September 2022, Talos announced the US$1.1 billion acquisition of EnVen. This is a corporate acquisition that Talos will fund through the issuance of…
Read MoreWelligence Rumblings on the Ground — Peru — September 2022
We spent the last few weeks talking to contacts on the ground in Peru about the latest events, the challenges, and opportunities impacting its upstream…
Read MoreColombia’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…
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