Posts by Megan Ricketts
Welligence MENA Q3 2026 M&A Quarterly | A summer of contests, entries and exits as MENA and East Med deal activity rises
Four M&A deals were announced in Q3 2026 in MENA and Cyprus, making it the most active quarter since Q2 2024.
Read MoreWelligence Macro & Geopolitics | Russia – Counting the cost of drone strikes
Ukraine’s escalation since spring 2026 has been systematic and near-daily, and marks a strategic shift toward hard-to-replace components, making each strike more consequential and harder…
Read MoreWelligence Cyprus and Egypt Rumblings on the Ground | Egypt restores investor confidence, Cyprus gas momentum gathers and dealmaking accelerates
The Welligence team recently visited Nicosia, Cyprus and Cairo, Egypt to meet with stakeholders in the Cyprus and Egypt upstream sectors to share insights, gather…
Read MoreWelligence Cyprus M&A | Cyprus gas heats up: MOL Group acquires Shell’s stake in the Aphrodite gas discovery
On 31 July 2026, MOL Group announced the acquisition of Shell’s 35% interest in Block 12 (Aphrodite) for up to US$720 million.
Read MoreWelligence Global Regulatory | Unlocking Shared and Contested Offshore Hydrocarbons Resources – Trends and Outlook
Offshore exploration is returning to the agenda at a time when the world is becoming more geopolitically fragmented and access to new resources is gaining strategic importance.…
Read MoreWelligence MENA Q2 2026 M&A Quarterly | Three deals announced as players exit and enter across MENA
Three M&A deals were announced in Q2 2026 in the MENA region, including the first corporate takeover in the region in over a year.
Read MoreWelligence Egypt M&A | Genel Energy expands its MENA portfolio with US$360 million Capricorn Energy acquisition
On 2 July 2026, Genel Energy agreed an all-cash acquisition of Capricorn Energy.
Read MoreWelligence Vietnam and Egypt M&A | Ratio Petroleum acquires Pharos Energy for US$164 million
On 24 June 2026, Israeli firm Ratio Petroleum announced an all-cash takeover of UK-listed Pharos Energy for a consideration of £124 million (US$164 million).
Read More‘Here to stay’: Middle East upstream investment set to weather recent challenges
Ross Cassidy, vice president, Middle East and North Africa research at Welligence Energy Analytics, told the panel that while in the short term there will…
Read MoreHow Egypt and Turkey are competing to control East Med gas infrastructure
“Don’t let the natural competition between the nations get in the way of cooperation,” Welligence VP of MENA Research Ross Cassidy tells EnterpriseAM. “An interconnected,…
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