Posts by Lauren Mayhew
Morocco M&A | Energean enters Morocco and farms into Chariot’s Anchois gas development
On 7th December 2023, Energean agreed with Chariot to acquire 45% and 37.5% operating stakes in the Lixus and Rissana Offshore licences respectively. The Lixus…
Read MoreNorth Africa Energy Transition | What role will gas play in North Africa’s energy transition?
Major efforts are being made to progress energy transition, security, and decarbonization in North Africa. While this moves forward, gas will continue to play a…
Read MoreEni starts drilling key well at offshore gas discovery in East Mediterranean
Welligence Energy Analytics in late October suggested that, if successful, Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas…
Read MoreIsrael Licensing | Israel 4th Offshore Bid Round attracts Majors and NOCs
On Sunday 29th October, the Israel Ministry of Energy and Infrastructure announced the results for two zones in the 4th Offshore Bid Round, launched in…
Read MoreEni set to start drilling critical East Med gas well
Welligence Energy Analytics said that “the well confirmed the presence of very good quality sand reservoirs at multiple layers, including some known with commercial discoveries…
Read MoreChevron and ExxonMobil raids open a ‘new era of oil mega mergers’
Welligence Energy Analytics said that sector consolidation has been on the agenda in recent years, and is becoming a reality. “We anticipate further consolidation, particularly…
Read MoreMENA Q3 2023 M&A Quarterly | Deal-making slows after post-Covid highs, will activity bounce back?
M&A within the MENA region slowed during Q3 2023 following strong quarters post-Covid. There were just two transactions, the largest being OQ’s US$1.4 billion divestment…
Read MoreADIPEC Rumblings on the Ground | Decarbonisation efforts gather pace…but is upstream investment still on the cards?
Welligence attended last week’s ADIPEC 2023 conference in Abu Dhabi, the largest energy conference in the world, to meet with key stakeholders in the energy…
Read MoreEgypt/Israel Rumblings on the Ground | The growing pains of the East Med gas market
The Welligence team recently visited Cairo, Jerusalem, and Tel Aviv and met with industry stakeholders to discuss key issues in the Egypt and Israel oil…
Read MoreOman M&A | Oman’s OQ Group in US$1.4 billion divestment
On 22 August 2023, Oman’s OQ Group reached an agreement to sell 40% non-operating stakes in Block 60 (its flagship producing asset) and the adjacent…
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