Posts by Hugo Haynes
Welligence MENA M&A Quarterly Report | Bumper quarter for deal-making as Majors open their wallets
The quarter was one of the most eventful in MENA for many years. The stand-out deal was the bp and ADONC joint bid to acquire…Read More
Welligence UAE M&A | TotalEnergies strengthens its UAE position – what’s next for Cepsa?
On 1st March 2023, TotalEnergies announced the acquisition of Cepsa’s UAE portfolio for an undisclosed consideration. The package comprises stakes in the Umm Lulu &…Read More
Welligence Egypt Rumblings on the Ground | EGYPS 2023 – Egypt is open for business and set to play a key role as a regional gas hub
Welligence visited Cairo, Egypt last week to participate in the Egypt Petroleum Show (EGYPS 2023) and meet with key stakeholders in the O&G sector to…Read More
Welligence MENA M&A Q4 2022 | Positive outlook for deal-making despite risks to Capricorn/NewMed merger
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the MENA region. As part of our comprehensive…Read More
Welligence Egypt | Chevron hits major gas discovery offshore Egypt – what happens next?
On 15 January 2023, Chevron announced the Nargis gas discovery. The well encountered 61 m (net) of gas-bearing sandstones in Miocene and Oligocene formations. It…Read More
Welligence Egypt | Apex International Energy acquires Eni assets in Egypt
On 10th January 2023, Apex International Energy announced the acquisition of a selection of Eni exploration and production assets in Egypt’s Western Desert. The deal…Read More