Posts by Megan Ricketts
Welligence 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,…
Read MoreWelligence MENA Q1 2026 M&A Quarterly | One deal announced as MENA M&A disrupted by the Iran War
One M&A deal was announced in Q1 2026 in the MENA region, continuing the low level of deal activity seen since Q3 2024, further compounded…
Read MoreEgypt Rumblings on the Ground | EGYPES 2026: Egypt is stable and open for business in tense times for the wider region
The Welligence Energy Analytics team had the privilege of attending the EGYPES – Egypt Energy Show 2026 in Cairo, Egypt. Now in our third year…
Read MoreServices firms feel the squeeze as oil rally from Iran war fails to spur drilling
“A persistent closure of the Strait of Hormuz would severely impact crew mobilizations in the region as well as create logistical challenges for movement of…
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