Posts by Ruaraidh Montgomery
Argentina M&A | Trafigura steps up Argentina exposure with CAPEX deal
Trafigura is to fund 30% of the cost of a four well Vaca Muerta shale oil pilot at CAPEX’s Agua del Cajon asset. CAPEX is…
Read MoreNorth Sea Q2 2023 M&A Quarterly | Will dealmakers keep up with Q2 M&A high?
Deal activity in the North Sea continues to occur at pace. With the exception of Q4 2021, Q2 2023 saw the highest deal activity levels…
Read MoreMalaysia Rumblings on the Ground | Malaysian upstream opportunities abound — licensing, M&As and CCS hubs
The Welligence team recently attended the Energy Asia Conference in Kuala Lumpur. The event provided an excellent and well-attended forum for energy professionals to share…
Read MoreGlobal LNG | LNG outlook to 2030 – increasingly green, floating and supply-concentrated
European LNG imports jumped 60% in 2022 as buyers raced to source cargos in response to cuts in Russian piped gas. This demand shock coincided…
Read MoreNorway M&A | Longboat acquires production in Statfjord area from INPEX Idemitsu
On 3 July, Longboat Energy announced it had acquired INPEX Idemitsu’s interests in Statfjord Øst (4.8%) and Sygna (4.32%) for a cash consideration of US$12.75…
Read MoreNorway M&A | Vår Energi acquires Neptune’s Norway Assets
On 23 June 2023, Eni and Vår Energi (Vår) announced the acquisition of Neptune Energy (Neptune) for US$4.9 billion. The deal has two components: Vår…
Read MoreGlobal M&A | Eni muscles up its gas and CCS business with Neptune Energy acquisition
On 23 June 2023, Eni and Vår Energi announced the acquisition of Neptune Energy for US$4.9 billion. ACCESS PDF
Read MoreArgentina M&A | Pampa Energia swaps wind farm with TotalEnergies to enter Vaca Muerta shale oil
Pampa Energia has announced it is to swap its 100 MW Mario Cebeiro Wind Farm (PEMC) with TotalEnergies, in exchange for the French Major’s 45%…
Read MoreAll eyes on Aker BP as Norway’s largest exploration well is under way
The analytics firm Welligence told Upstream “the Venus licence is to the west of the Johan Castberg development and the Venus well may be within…
Read MoreGlobal M&A | Eni and Vår Energi acquires Neptune Energy
On 23 June, Eni and Vår Energi acquired Neptune Energy for US$4.9 billion including US$0.5 billion of net debt. Neptune will retain its Germany assets.…
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