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Posts by Saskia Goacher

Europe Development | The next 4 bnboe – key upstream developments to 2030

This analysis reviews the next wave of development projects across Europe. It maps 20 plus material fields across Norway, the UK, continental Europe and Cyprus.…

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Welligence Europe Q4 2025 M&A Quarterly | M&A hits a four year quarterly high

European upstream M&A hit a four year quarterly high in Q4 2025, driven by renewed North Sea dealmaking. The report tracks 11 transactions across the…

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Welligence UK M&A | Serica Energy acquires Spirit Energy’s Southern North Sea assets

Serica Energy’s acquisition of Spirit Energy’s Southern North Sea portfolio reshapes its UK gas production base. The transaction brings equity in Cygnus, plus interests in…

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Welligence Politics | Post-Maduro Venezuela – The New Government and Implications for the Oil Sector

Venezuela’s oil sector is entering a critical reset following the capture of Nicolás Maduro and the installation of Delcy Rodríguez as President. The report examines…

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Welligence UK M&A | TotalEnergies merges UK business with NEO NEXT

UK North Sea M&A accelerates as TotalEnergies merges its UK upstream portfolio with NEO NEXT, creating NEO NEXT+. The combined business becomes the largest oil…

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Welligence Global | FLNG Outlook: Emerging Trends and Opportunities

FLNG is emerging as a strategic complement to global LNG supply as activity shifts from Africa to the Americas. Welligence shows how floating LNG capacity…

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UK M&A | Perenco acquires 50% stake in Blythe & Elgood

Perenco’s M&A move in the Southern North Sea adds a 50% operated stake in the Blythe and Elgood gas fields. It acquires the interest from…

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Welligence Global | Unconventional Hydrocarbon Activity Update

This note reviews the emerging role of international unconventional hydrocarbons alongside deepwater as a source of future supply growth, summarizing current activity and status across…

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UK M&A | Serica Energy to acquire bp’s Culzean interest

UK North Sea M&A momentum continues as Serica Energy agrees to acquire bp’s non-operated stake in the Culzean gas-condensate field. The deal is for a…

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Welligence Europe Q3 2025 M&A Quarterly | Activity is up, but value is down as M&A challenges persist

Europe upstream M&A activity rose in Q3 2025, while value stayed muted as headwinds persisted. The UK and Norway drove most transactions, with Serica’s consolidation…

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