Posts by Ifeanyi Onyegiri
Gabon M&A | Maurel & Prom becomes Gabon’s top onshore producer with Assala Energy acquisition
On 15 August 2023, Maurel & Prom (M&P) announced the acquisition of Carlyle’s entire holdings in Gabonese onshore player, Assala Energy, for US$730 million. The…
Read MoreWelligence Nigeria Rumblings on the Ground | Can the incoming administration turn around Nigeria’s oil and gas fortunes?
Welligence recently visited Lagos and Abuja in Nigeria to meet with key industry and government stakeholders in the O&G sector. Bola Tinubu is expected to…
Read MoreWelligence Sub-Saharan Africa M&A | AFC doubles down with Aker Energy in Ghana
On 14th April 2023, Africa Finance Corporation (AFC) agreed to acquire all the shares of Aker Energy, a subsidiary of the Norway-based Aker Group. AFC…
Read MoreWelligence Sub-Saharan Africa M&A Quarterly Report | Will deal-making pick after quiet Q1?
Deal flow in Q1 was muted, with the only deal announced being Somoil’s US$830 million acquisition of GALP’s Angolan portfolio. The other noteworthy event was the Chadian…
Read MoreWelligence MENA M&A | bp and ADNOC make bid for NewMed Energy
On 28 March 2023, bp announced a joint bid with Abu Dhabi National Oil Company (ADNOC) to acquire 50% of NewMed Energy. ACCESS PDF
Read MoreWelligence 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…
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