Posts by Ifeanyi Onyegiri
Welligence 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…
Read MoreWelligence Sub-Saharan Africa Upstream M&A Report (Q2 2022) | Tullow and Capricorn move to merge while Angola M&A heats up!
The highlight of Q2 was Tullow Oil and Capricorn Energy’s merger announcement. We also saw Sonangol attract new investors to Angola, selling parts of its…
Read MoreWelligence Africa LNG: Plugging the EU’s gas gap – Can Sub-Saharan Africa play a key role?
The European Union’s (EU) push to wean itself off Russian gas imports has been grabbing headlines for months. Last year, Russia accounted for almost 40%…
Read MoreCan sub-Saharan Africa help fill the EU’s gas gap?
Africa has potential to expand LNG exports, but its additional contribution is likely to remain limited.
Read MoreWelligence Sub-Saharan Africa Benchmarking | The Sub-Saharan Africa Independents – Can they pick up the slack from the Majors?
The African focused Independents continue to dominate M&A in the region. These companies now account for US$5 billion of acquisition spend in the region. Acquisition…
Read MoreSub-Saharan Africa M&A | Will Seplat’s transformational acquisition set the stage for further deal-making in Nigeria?
Nigerian independent Seplat Energy has agreed to pay US$1.283 billion (plus US$300 million in contingency payments) for ExxonMobil’s Nigeria shallow-water portfolio. This deal is Nigeria’s…
Read MoreWelligence Sub-Saharan Africa Exploration | Namibia’s Orange Basin – the world’s hottest exploration area?
South America’s Guyana Basin may suddenly have competition for the title of the world’s hottest exploration area. TotalEnergies has made the Venus light oil and…
Read MoreSub-Saharan Africa Exploration | Shell’s Graff discovery in Namibia – believe the hype?
For once, the hype and rumours seem to have substance. Shell’s closely watched Graff-1 well appears to have delivered the goods. There was initial skepticism…
Read MoreSub-Saharan Africa Exploration Outlook | The wildcat is back! A big year for exploration in Sub-Saharan Africa
Buoyed by oil price strength and some breakthrough discoveries in 2021 (such as Baleine and Eban), this year will be marked by frontier and high-impact…
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