Posts by Lauren Mayhew
LNG M&A opportunities to soar in 2025, says consultant Welligence
Global liquefied natural gas prices are forecast to remain elevated throughout 2025, with a significant increase in the number of LNG assets in play for…
Read MoreEgypt Energy Show Rumblings on the Ground | EGYPES 2025 headline is the Egypt-Cyprus gas deal
Welligence recently participated in the Egypt Energy Show (EGYPES) in Cairo. We were delighted to be selected as the official Intelligence Partner for the event…
Read MoreUAE Rumblings on the Ground | Renewed focus: MENA’s oil giants are back in the spotlight thanks to their recent stability
Welligence recently visited Dubai and Abu Dhabi to meet with key stakeholders in the oil and gas sector to gauge the overall upstream climate and…
Read MoreEgypt M&A | United Energy Group acquires Apex International Energy
On 7 February 2025, United Energy Group (UEG) entered into a Sale and Purchase Agreement (SPA) with Apex International Energy (Apex). UEG will fully acquire…
Read MoreIsrael M&A | SOCAR acquires 10% of Tamar gas field from Union Energy and Tamar Petroleum
On 31 January, the State Oil Company of the Republic of Azerbaijan (SOCAR) announced the acquisition of a 10% interest in the Tamar gas field…
Read MoreUAE Development | Abu Dhabi to start reaping the rewards from its 2018 and 2019 bid rounds
In April 2018, ADNOC launched the first competitive bid round for new oil and gas licenses in the emirates’ history, followed by a second round…
Read MoreMENA Q4 2024 M&A Quarterly | Just one transaction as deal activity remains muted
Only one M&A deal was announced in Q4 2024 in the MENA region. PTTEP is to acquire ENGIE’s interest in the Touat gas fields in…
Read MoreWelligence Norway Licensing | Licence awards return to five-year average in APA 2024
On 14 January 2025, the Norwegian Offshore Directorate (NOD) announced the award of 53 production licences to 20 companies as part of the APA (Awards…
Read MoreExxonMobil makes potential play-opening gas find in frontier Mediterranean basin
“Although the supermajor did not elaborate on the size of the discovery, a recent LinkedIn post from analysts at Welligence said the prospect had a…
Read MoreWelligence MENA | What do the MENA upstream highlights of 2024 reveal about 2025?
In 2024, oil and condensate production from the region averaged 33 million bbl/d, approximately 32% of global oil supply. OPEC plays a significant role on…
Read More