Posts by Lauren Mayhew
Gas off the coast of Tarfaya: Italian ENI takes delivery of the Topaz Driller drilling platform
Consulting firm Welligence pointed out that Cinnamon would be the 16th well drilled in the block and the first since 2014. If successful, the well…
Read MoreEni gears up for Cinnamon spud off Morocco
Welligence reported Cinnamon would be the 16th well drilled on the block and the first since 2014. The consultancy noted the attraction of Morocco’s fiscal…
Read MoreWelligence MENA | Majors invest in Oman gas to fuel energy transition
Oman’s energy sector has experienced a surge in activity over recent years, with gas development projects taking centre stage as the country focuses on its…
Read MoreEgypt green lights oil and gas deals worth $319 million
Egypt has lined up plans to drill for a total of 35 exploration wells in the next two years costing $1.8 billion, consultancy Welligence Energy…
Read MoreMENA Q2 2023 M&A Quarterly | Big gas on the agenda
A strategic theme for many companies is increasing gas exposure. This is a key driver for much of the activity of the Majors, and increasingly…
Read MoreIraq M&A | Pertamina to acquire PETRONAS’ stake in Gharraf
In late-June 2023, PETRONAS informed Iraq’s Oil Ministry that it intended to sell its 45% operated stake in the Gharraf oil field in southern Iraq…
Read MoreWelligence East Med | Bid round and exploration bonanza
The offshore East Med region has grown in importance over the past decade due to the large gas discoveries made. While Egypt has a long…
Read MoreWelligence Middle East | MENA Outlook 2023
In this presentation, we highlight the recent M&A deal count and considerations in the MENA upstream sector and identify a key theme – gas portfolios…
Read MoreWelligence Middle East | Middle East NOCs – will the international upstream acquisition spree continue?
In a region where international E&Ps spent much of the last century jockeying to take a role in the upstream space, the tide in the…
Read MoreWelligence MENA M&A Quarterly Report | Bumper quarter for deal-making as Majors open their wallets
The quarter was one of the most eventful in MENA for many years. The stand-out deal was the bp and ADONC joint bid to acquire…
Read More