Posts by Melissa Lucio
Latin America Q2 2024 M&A Quarterly | Consolidation underpins uptick in deal-making
Out of the seven deals announced in Q2 2024, three occurred in Brazil, and one each in Trinidad and Tobago, Bolivia, Peru, and Argentina. The…
Read MoreNorth America Q2 2024 M&A Quarterly | Hilcorp’s latest Alaska deal the highlight of Q2 deal-making
We are pleased to announce the inclusion of Alaska data in this latest M&A quarterly report for North America. Moving forward, North America covers Alaska,…
Read MoreUS GoM Decommissioning | New regulations put spotlight on decommissioning
Safe and timely decommissioning of offshore infrastructure is one of the big challenges faced by the oil & gas sector. We estimate that the global…
Read MorePeru Rumblings on the Ground | Peru’s Energy Paradox: Rich Resources, Risky Landscape
The Welligence team recently spent a week in Peru meeting with upstream and midstream companies, government officials, and key stakeholders to gauge the latest topics…
Read MoreBrazil M&A | 3R/Enauta/Maha merger creates a leading Latin American independent
On 26 June 2024, the shareholders of 3R Petroleum and Enauta approved the merger of the two companies. Simultaneously, approval was also given for the…
Read MoreMexico Politics | Mexico’s upstream sector faces uncertainty after Sheinbaum’s landslide victory
In the week before the election, the Welligence team met with various oil and gas companies, government officials, and key stakeholders to gauge sentiment and…
Read MoreMozambique M&A | ADNOC makes its SSA debut by acquiring Galp’s stake in Area 4, offshore Mozambique
On 22 May 2024, ADNOC announced that it will acquire Galp’s entire shares and shareholder loans in its Mozambique subsidiary. At deal completion, Galp will…
Read MoreArgentina M&A | GeoPark enters the Vaca Muerta in latest deal
On 13 May 2024, GeoPark announced the acquisition of a non-operated stakes in four contiguous Vaca Muerta blocks from Phoenix Global Resources (PGR) for a…
Read MoreTrinidad & Tobago M&A | Touchstone Exploration acquires Trinity E&P in latest consolidation move among independents
On 1 May 2024, Touchstone Exploration announced the acquisition of Trinity E&P in an all-share transaction that puts a value of US$30.1 million (£24.1 million)…
Read MoreNorth America Q1 2024 M&A Quarterly | Independents drive steady deal flow in US GoM
All three deals announced in Q1 2024 were located in the US Gulf of Mexico and involved packages of assets. In each case, the reserves…
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