Posts by Lauren Mayhew
Welligence Egypt M&A | bp and ADNOC to form a joint venture in Egypt
On 14 February 2024, ADNOC and bp announced that they had agreed to form a joint venture in Egypt. bp will provide the assets and…
Read MoreCan Petrobras walk the line between the state and the pre-salt?
Welligence Energy Analytics vice president Andre Fagundes noted that most of the spending was going to projects already in progress, in particular the deployment of…
Read MoreKurdistan M&A | ShaMaran Petroleum and HKN Energy team up to take advantage of TAQA’s exit from the KRI
On 21 January 2024, ShaMaran Petroleum announced that it had agreed to acquire TAQA’s 47.4% stake in the Atrush block in the Kurdistan Region of…
Read More‘Satisfied’: European major happy with result of Mediterranean Sea well
Welligence Energy Analytics also suggested Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas sold to the gas-hungry Egyptian…
Read MoreMENA Q4 2023 M&A Quarterly | Harbour Energy and Energean make moves in North Africa
Two deals involving MENA assets were announced in Q4 2023, in line with the prior quarter, making for a quiet second half to 2023 following…
Read MoreEgypt Energy Transition | Decarbonising Egypt’s oil and gas sector – progress so far
Egypt signed the Paris Agreement in 2016, the Zero Routine Flaring Initiative in 2017, and the Global Methane Pledge in 2022. Egypt hosted COP27 in…
Read MoreEgypt M&A | SDX Energy finalising West Gharib sale and is close to Egypt exit
On 9 January 2024, SDX Energy announced that it had agreed with an unnamed buyer the terms of an execution version of the sale and…
Read MoreEgypt Energy Transition | Egypt’s energy transition efforts intensify
Egypt’s aspiration to become a key energy hub in the region, combined with its proactive stance in the energy transition, positions it as a…
Read MoreM&A in the spotlight: Which of the top quality oil and gas independents is next?
“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…
Read MoreLebanon launches third licencing round amid heightened tensions with Israel
A LinkedIn post from analysts at Welligence Energy Analytics said: ‘Lebanon has not quite yet joined the gas exploration success seen in offshore Israel, Cyprus…
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