Posts by Lauren Mayhew
Welligence Egypt | ExxonMobil strikes gas offshore Egypt
ExxonMobil’s Nefertari-1 exploration well has struck gas offshore Egypt, according to early reports. No official announcements have been made yet. The well was spud in…
Read MoreWelligence Europe Q4 2024 M&A Report | UK M&A returns, but Norway stays muted
Deal activity in the UK and Norway, which continue to dominate the upstream M&A landscape in Europe, reduced by 38% in 2024 compared to 2023.…
Read More‘More pragmatic and less idealistic’: How the energy energy transition hit a speed bump in 2024
“I think 2024 was a year in which the world understood that, to transition, we need to be more pragmatic, and less idealistic,” Juan Agudelo,…
Read MoreAlgeria M&A | PTTEP acquires ENGIE’s interest in the Touat gas fields in Algeria
On 20 December 2024, PTTEP’s acquisition of ENGIE’s stake in the Touat gas project in Algeria was announced. No consideration was revealed. The project is…
Read MoreKosmos Energy in early talks for Tullow Oil takeover
“Kosmos Energy is in talks to acquire Tullow Oil in a potential all-share transaction. This will create a leading Atlantic Margin E&P with scale. We’ve…
Read MoreSyrian crisis driving up oil prices and increasing uncertainty in Middle East
While some experts fear wider implications for the Middle East due to Al Assad’s fall, Martin Sherriff, head of Middle East at Welligence Energy Analytics,…
Read MoreADIPEC 2024 Rumblings on the Ground | Upstream developments back on top in the MENA region, while CCS is poised to pick up
The Welligence team attended last week’s ADIPEC 2024 conference in Abu Dhabi, the largest energy conference in the world, to meet with key stakeholders in…
Read MoreWelligence North Africa and the East Med Gas | Is the region poised for growth?
Gas focussed exploration and development activity is due to increase with the Majors starting exploration campaigns and making decisions on key gas developments, and the…
Read MoreNorth Africa Benchmarking | Balancing the barrels (part 2): How do North Africa’s fiscal regimes stack up?
Following on from our study on the impact of fiscal policies on Middle Eastern oil finds, published in August, Welligence Energy Analytics has now modelled…
Read MoreWelligence MENA Q3 2024 M&A Report | Roc Oil enters MENA, but overall deal activity muted
It was a quiet quarter with just two transactions: Roc Oil’s takeover of Tethys Oil, which concludes the Swedish independent’s strategic review announced in February,…
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