Posts by Hugo Haynes
North Africa Energy Transition | What role will gas play in North Africa’s energy transition?
Major efforts are being made to progress energy transition, security, and decarbonization in North Africa. While this moves forward, gas will continue to play a…
Read MoreIsrael Licensing | Israel 4th Offshore Bid Round attracts Majors and NOCs
On Sunday 29th October, the Israel Ministry of Energy and Infrastructure announced the results for two zones in the 4th Offshore Bid Round, launched in…
Read MoreMENA Q3 2023 M&A Quarterly | Deal-making slows after post-Covid highs, will activity bounce back?
M&A within the MENA region slowed during Q3 2023 following strong quarters post-Covid. There were just two transactions, the largest being OQ’s US$1.4 billion divestment…
Read MoreGas off the coast of Tarfaya: Italian ENI takes delivery of the Topaz Driller drilling platform
Consulting firm Welligence pointed out that Cinnamon would be the 16th well drilled in the block and the first since 2014. If successful, the well…
Read MoreEni gears up for Cinnamon spud off Morocco
Welligence reported Cinnamon would be the 16th well drilled on the block and the first since 2014. The consultancy noted the attraction of Morocco’s fiscal…
Read MoreMENA Q2 2023 M&A Quarterly | Big gas on the agenda
A strategic theme for many companies is increasing gas exposure. This is a key driver for much of the activity of the Majors, and increasingly…
Read MoreIraq M&A | Pertamina to acquire PETRONAS’ stake in Gharraf
In late-June 2023, PETRONAS informed Iraq’s Oil Ministry that it intended to sell its 45% operated stake in the Gharraf oil field in southern Iraq…
Read MoreWelligence East Med | Bid round and exploration bonanza
The offshore East Med region has grown in importance over the past decade due to the large gas discoveries made. While Egypt has a long…
Read MoreWelligence Middle East | MENA Outlook 2023
In this presentation, we highlight the recent M&A deal count and considerations in the MENA upstream sector and identify a key theme – gas portfolios…
Read MoreWelligence Middle East | Middle East NOCs – will the international upstream acquisition spree continue?
In a region where international E&Ps spent much of the last century jockeying to take a role in the upstream space, the tide in the…
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