Posts by Gordon Hardie
Welligence SSA Corporate | Benchmarking the Independents
A growing cohort of African-focused independents is stepping up to keep Sub-Saharan Africa’s mid- to late-life assets producing, driving the bulk of recent deal activity…
Read MoreWelligence Nigeria M&A | NNPC lifts its working interest in the NNPCL/SEPNU JV to 70%
Seplat Energy has signed a binding Heads of Agreement to assign a 10% working interest in the NNPCL/SEPNU Joint Venture to NNPC Limited for a…
Read MoreWelligence SSA Exploration | Creative agreements prime Majors for hopper reload
Faced with declining production post-2030, across Sub-Saharan Africa, the Majors have started the process of reloading their exploration hoppers. In this note we evaluate the…
Read MoreWelligence Rumblings on the Ground | Deepwater’s playbook for delivering growth
The Deepwater Development Conference is the leading conference addressing technical issues related to engineering, development, and production of oil and gas in deepwater and ultra…
Read MoreEquatorial Guinea M&A | Panoro Energy doubles down in Equatorial Guinea, acquiring Kosmos Energy’s stake in Block G
On 24 February, Panoro Energy agreed to acquire a 40.375% non-operated interest in Block G offshore Equatorial Guinea from Kosmos Energy for up to US$219.5…
Read MoreWelligence Sub-Saharan Africa Q4 2025 M&A Quarterly | A late rebound in an otherwise selective M&A year
Sub-Saharan Africa upstream M&A saw a late-year rebound in Q4 2025 as deal-making returned after a quiet third quarter. Transactions in Nigeria, Angola and Namibia…
Read MoreWelligence Nigeria M&A | Heirs Energies acquires 20.07% stake in Seplat Energy from Maurel & Prom
Nigeria upstream M&A ends the year strongly as Heirs Energies acquires a strategic minority stake in Seplat Energy. The deal broadens Heirs Energies exposure to…
Read MoreWelligence Nigeria Licensing | Nigeria’s 2025 licensing round – what you need to know
Nigeria’s 2025 licensing round, launched 1 December, offers 50 petroleum prospecting licences across pure exploration blocks and discovered resource opportunities. It targets oil and gas…
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