Posts by Ifeanyi Onyegiri
Welligence Namibia Exploration | Lower Cretaceous success for Shell at Jonker-1X in Namibia
The Orange Basin in Namibia continues to deliver. The latest success is a light oil discovery made by Shell’s Jonker-1X well. The well is on…
Read MoreWelligence Angola Rumblings on the Ground | New developments underway, but can exploration replenish the hopper?
Welligence recently visited Luanda, Angola to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and the overall outlook for…
Read MoreShell scores third find off Namibia
Welligence Energy Analytics reported this morning that Total had spudded its “critical appraisal well” on Venus. The Tungsten Explorer has spudded the Venus-1A at a…
Read MoreThe Tinubu presidency and Nigeria’s energy challenges
“I think one of his first steps will be to set up a committee to review the sticking points in the PIA with the industry…
Read MoreWelligence Sub-Saharan Africa | Nigeria’s election result – Can a change of guard revive the ailing oil & gas sector?
Bola Tinubu has been announced as the winner of the presidential election – he will be sworn in as president on 29th May 2023. But…
Read MoreWelligence Sub-Saharan Africa M&A | Somoil snaps up Galp’s Angolan portfolio
On 13th February 2023, Galp announced it had agreed to sell its Angolan upstream portfolio to Somoil for US$830 million, comprising US$655 million on completion…
Read MoreWelligence Sub-Saharan Africa M&A Q4 2022 | Deal-making set for continued growth in 2023
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the Sub-Saharan Africa region. As part of our…
Read MoreSub-Saharan Africa FLNG | Uniquely positioned to quench Europe’s LNG thirst
As tightness in the global LNG market persists and appetite for new onshore liquefaction projects wavers, operators in Sub-Saharan Africa (SSA) are turning to floating…
Read MoreWelligence Sub-Saharan Africa M&A Q3 2022 | Deal flow slows but plenty on the menu heading into 2023
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the Sub-Saharan Africa region. As part of our…
Read MoreWelligence Africa | Will the Nigerian independents play a bigger role as the Majors divest?
The divestment campaign by the Majors in Nigeria has created a pool of Nigerian-focused Independents. Incumbents like Amni plus new players like Seplat and First…
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