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Posts by Milan Patel

Welligence Canada Politics | Carney set for election victory in Canada? What it means for the oil & gas sector

Mark Carney appears poised to lead the Liberal party to a majority government victory on 28 April. In just three months, the party has come…

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Welligence North America Q1 2025 M&A Quarterly | ConocoPhillips exits US GoM as deal-making holds steady

Four deals were announced in Q1 2025: one in Alaska, two in the US Gulf of Mexico (GoM), and an asset swap in the Canadian…

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Welligence M&A | Global upstream deal-making in March 2025 – a summary

There were 13 transactions announced in March 2025, up on the seven announced last month, and above the rolling 12-month.   CLIENT ACCESS REQUEST ACCESS

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Welligence Company Spotlight | Westlawn Americas Offshore – M&A and exploration success deliver balanced growth

Westlawn Americas Offshore (WAO) is a privately held independent company focused on the Americas. In less than three years, it has built a non-operated, deepwater asset…

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Welligence M&A | Global upstream deal-making in February 2025 – a summary

There were seven transactions announced in February 2025, up on the six announced last month, and in line with the rolling 12-month average. The total…

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Welligence Corporate | 2025 E&P capex guidance – Euro Majors reallocating spend to upstream

Welligence is pleased to announce the capex guidance tracker has been updated to reflect recent capex guidance announcements for 2025.    SUBSCRIBER ACCESS REQUEST ACCESS

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US GoM M&A | Talos Energy and Beacon Offshore bolster their interests in Monument as Repsol exits

On 26 February 2025, Talos and Beacon Offshore announced an agreement to acquire Repsol’s stake in the Monument discovery. SUBSCRIBER ACCESS REQUEST ACCESS

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US GoM M&A | Shell consolidates at Ursa/Princess with acquisition of ConocoPhillips’ US Gulf of Mexico portfolio

On 21 February 2025, Shell announced the acquisition of ConocoPhillips’ non-operated US Gulf of Mexico portfolio for US$735 million. The portfolio includes a 15.96% interest…

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Welligence Corporate | Introducing our 2025 E&P capex guidance

Welligence is pleased to announce the capex guidance tracker has been updated to reflect recent capex guidance announcements for 2025. ACCESS PDF

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Welligence North America Q4 M&A Quarterly | INEOS makes US GoM debut, Chevron moves forward with multi-billion dollar divestment program

Four deals were announced in Q4 2024: two in Alaska, one in the US Gulf of Mexico (GoM), and one in Canada. ACCESS PDF

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