Posts by Ruaraidh Montgomery
Global M&A | Harbour Energy becomes a leading international E&P and CCS player with Wintershall Dea deal
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding German midstream assets, UAE and Russian-linked assets including JVs with Gazprom in…
Read MoreGlobal M&A | Harbour announces reverse takeover of Wintershall Dea
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding UAE and Russian assets, JVs with Gazprom in Libya, Netherlands and UK,…
Read MoreNorway M&A | Equinor acquires Shell’s interest in HPHT Linnorm development
On 14 December 2023, Equinor acquired Shell’s 30% interest and operatorship of the High Pressure, High Temperature (HPHT) Linnorm gas discovery, the largest undeveloped gas…
Read MoreGlobal Exploration Outlook
Global exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of…
Read MoreNorway M&A | PGNiG acquires KUFPEC’s Norway assets
On 20 November 2023, PGNiG acquired KUFPEC’s Norway portfolio for US$445 million. The sales process had been ongoing for an extended period with KUFPEC receiving…
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 MoreNorway M&A | Lime Petroleum acquires Brasse stake
On 7 November, Lime Petroleum acquired a 17% interest in the Brasse discovery from DNO (10.7212%) and OKEA (6.2788%). OKEA is expected to submit a…
Read MoreNorway Rumblings on the Ground | Slow M&A market set to heat up in 2024
Welligence recently visited Oslo and Stavanger to meet with key stakeholders in the Oil & Gas sector to gauge the overall investment climate and the…
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 MoreUK Licensing | Shell leads as large E&Ps dominate 33rd Licensing Round
On 30 October 2023, the NSTA announced the offers of awards in the first tranche of the 33rd Offshore Licensing Round. A total of 32…
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