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Posts by Ifeanyi Onyegiri

Sub-Saharan Africa Upstream M&A Report | Flood of M&A on the way? With a strong oil price, we see more activity on the horizon

Deal activity in Sub-Saharan Africa (SSA) has finally started to flow, and there are still many opportunities on the market. In the latest update of…

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Africa M&A | Is TotalEnergies’ Angola divestment the start of Major high-grading in the country?

The long-expected sale of mature and peripheral Angolan assets by the Majors has started after TotalEnergies, along with partner INPEX, sold their respective non-operated stakes…

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Welligence Sub-Saharan Africa | The Welligence 2022 Outlook for Sub-Saharan Africa

There is much to look forward to across the Sub-Saharan region in 2022. This report highlights key exploration activity, expected M&A trends, the progress of…

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Savannah doubles down in Chad, adds Petronas to Exxon deal

“It looks like an attractive deal for all sides,” said Welligence vice president David Thomson. “Savannah is acquiring good assets that it will be able…

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Nigeria Rumblings on the Ground | Will the PIA reinvigorate the oil and gas sector?

Welcome to the Welligence “Rumblings on the Ground” series for Nigeria. In this report, we highlight our key findings from our inaugural research trip to…

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Africa Oil Week Review | Oil & gas not yet fossilised in Africa

The Welligence team attended Africa Oil Week (AOW) last week in Dubai. The week was spent attending sessions, networking with clients, and speaking at the…

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Africa Development | Next wave of FPSOs to unlock deepwater West Africa

Are the days of large-scale, greenfield upstream projects coming to an end? While it is true there is a greater focus on short-cycle developments, large,…

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Africa M&A | Perenco takes DRC with latest acquisition – lock, stock and barrels!

Perenco, a brownfield specialist, has agreed to acquire INPEX’s entire interests in the Offshore Democratic Republic of the Congo (DRC) block. This deal is coming…

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Africa M&A Report – Will the Kosmos-Oxy deal kick start West African M&A?

The closing of Oxy’s US$750 million sale of its Ghana portfolio to Kosmos and GNPC has been a long time coming. At this point in…

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Africa M&A – Could Oxy’s West Africa exit trigger an M&A wave?

Occidental (Oxy), the region’s most motivated seller of the past few years, has finally sold its Ghana portfolio to Kosmos Energy and Ghana National Petroleum…

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