Posts by Milan Patel
Welligence | Weekly Quick Takes
This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…
Read MoreWelligence US Gulf of America M&A | Navitas acquires Tiberius and Logan stakes from Kosmos and Occidental
Navitas acquired a 33.33% interest in the Tiberius project, with project partners Kosmos Energy and Oxy each selling 16.7% stakes; the resultant participation at closing…
Read MoreWelligence North America Q2 2026 M&A Quarterly | US GoM Leads North America Deal Activity
North America* recorded limited deal activity in Q2 2026, with only two transactions announced across the US Gulf of America, Alaska, offshore Canada and the…
Read MoreUS Gulf of America M&A | Modiin Energy enters the US GoM with Big Foot acquisition
Marubeni has sold its 12.5% non-operated working interest in the Chevron-operated Big Foot development to Modiin Energy for US$190 million. The stake will be held…
Read MoreUS Gulf of America M&A | Talos & Ridgewood acquire Shell’s Na Kika Hub interests for US$1.7 billion
On 30 June 2026, Shell agreed to sell its 50% non-operated working interest in the 130,000 bbl/d Na Kika semi-submersible facility, its associated interests in…
Read MoreUS Alaska M&A | Apache secures North Slope infrastructure with Savant acquisition
In June 2026, Apache announced the acquisition of Savant, a small Alaska-focused independent producer wholly owned by Glacier Oil & Gas, for US$70 million. The…
Read MoreWelligence US Alaska Development | Pikka start-up marks launch of Alaska’s next phase of growth
Pikka marks a major turning point for Alaska production as it comes online. Its start-up begins a new growth phase for the North Slope and…
Read MoreWelligence US Gulf of America Licensing | Limited but targeted participation in BBG2 lease sale
The second US Gulf of America (US GoM) lease sale under the current Trump administration was held on 11 March 2026. Known as Big Beautiful…
Read MoreWelligence North America Q4 2025 M&A Quarterly | Harbour makes a splash in an otherwise quiet year
Q4 2025 deal activity was limited to a single announced transaction, consistent with deal-making throughout the year – this reflects market caution given political volatility…
Read MoreWelligence US Gulf of America Licensing | BBG1 Lease Sale driven by targeted bidding in key deepwater areas
The first US Gulf of America (US GoM) lease sale under the current Trump administration was held on 10 December 2025. Known as Big Beautiful…
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