Posts by Ruaraidh Montgomery
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 MoreUS GoM M&A | Esperanza acquires ExxonMobil’s stake in Ursa/Princess
On 21st February 2024, Esperanza Capital Partners announced the acquisition of ExxonMobil’s 15.96% stake in the Shell-operated Ursa/Princess fields in the deepwater US Gulf of…
Read MoreAmericas Q4 2023 M&A Quarterly | Deal-making is back on the table
Q4 2023 saw a slight uptick in deal flow anchored by a flurry of transactions in the US Gulf of Mexico and Brazil. We also…
Read MoreShell demonstrates renewed focus on hydrocarbons
“The European majors are battling pressures from investors to reduce emissions while maintaining strong shareholder returns… Shell’s shift in strategy is largely explained by CEO…
Read MoreUS GoM M&A | North American M&A frenzy spills into the Gulf — Talos Energy acquires QuarterNorth
On 15 January 2024, Talos Energy announced it had agreed to acquire QuarterNorth for US$1.29 billion. The deal will be funded through the issuance of…
Read MoreUS GoM M&A | Karoon Energy acquires Who Dat and Dome Patrol from LLOG Exploration for US$720 million
On 16th November 2023, Karoon Energy announced it is to acquire 30% stakes in the producing Who Dat (which includes Abilene) and Dome Patrol fields…
Read MoreGuyana Licensing | Guyana’s 1st licensing round, a success? Who are the provisional winners and what’s next?
The Guyanese government has announced the 13 provisional winners for its first-ever (and much delayed) exploration bid round. ACCESS PDF
Read MoreGlobal M&A | Big is back! Chevron to acquire Hess for US$60 billion
Chevron’s proposed US$60 billion acquisition of Hess is the second giant deal in North America in the space of two weeks, following ExxonMobil’s planned US$65…
Read MoreAmericas Q3 2023 M&A Quarterly | Deal flow remains sluggish, but opportunity pipeline is strong
The Americas saw continued slow deal flow, with six transactions primarily driven by asset acquisitions in US GoM. There was just one transaction in Latin…
Read MoreEnergy giants place tentative bets on oil finds in ‘wildcat’ Uruguay
“Uruguay has never yielded a commercial discovery… from an oil & gas point of view, it is high risk, but that’s what companies are chasing,”…
Read More