Posts by Hugo Haynes
Welligence MENA Q3 2024 M&A Report | Roc Oil enters MENA, but overall deal activity muted
It was a quiet quarter with just two transactions: Roc Oil’s takeover of Tethys Oil, which concludes the Swedish independent’s strategic review announced in February,…
Read MoreWelligence Europe Q3 2024 M&A Report | Deal activity wanes again
Three deals were announced in Q3 2024, reduction on the nine in Q2, with one deal apiece in the UK, Norway and Netherlands. The focus…
Read MoreWelligence MENA | The Majors in the Middle East and North Africa – recent business development and what next?
The MENA region will continue to be of key importance to the Majors throughout this decade and into the next. The combination of vast reserves,…
Read MoreWelligence Middle East | Israel’s gas production, exports, and investment growing, against a backdrop of heightened geopolitical risk
In August, Welligence held meetings with stakeholders in the Israel upstream sector to discuss key issues and what to expect in the coming six to…
Read MoreWelligence Europe Q2 2024 M&A Report | Norway leads M&A resurgence
Nine deals were announced in Q2 2024, an increase on the single transaction announced in Q1 2024. Of these, six were in Norway, four of…
Read MoreWelligence MENA Q2 2024 M&A Report | MENA deal activity increased – second highest transaction count since Q1 2020
Six deals were struck in the MENA region in Q2 2024, which makes it the tied-second busiest quarter for activity since Q1 2020. ACCESS…
Read MoreEast Med M&A | Carlyle acquires East Med assets from Energean for US$820 million plus contingent payments
On 20 June 2024, Carlyle International Energy Partners (CIEP) acquired a portfolio of assets from Energean in the East Mediterranean for a guaranteed US$820 million…
Read MoreMorocco M&A | Managem acquires stake in Sound Energy’s Moroccan gas portfolio
On 17 June 2024, Sound Energy announced it had entered into a binding SPA for the partial divestment of its Moroccan portfolio to the Moroccan…
Read MoreWelligence MENA Q1 2024 M&A Report | Mixed fortunes for ADNOC and bp’s East Med gas deals
Three deals were announced in the MENA region in Q1 2024, which we valued at a total consideration of US$1.7 billion. We estimate the deals…
Read MoreMorocco Gas Market | Moroccan gas projects are a step closer to coming onstream – what is next for the Kingdom?
Morocco’s energy mix could benefit from a much-needed boost in domestic gas production in the coming years. The country has seen renewed interest in its…
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