Deep Dives
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 MoreWelligence Nigeria M&A | Heirs Energies acquires 20.07% stake in Seplat Energy from Maurel & Prom
Nigeria upstream M&A ends the year strongly as Heirs Energies acquires a strategic minority stake in Seplat Energy. The deal broadens Heirs Energies exposure to…
Read MoreWelligence 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…
Read MoreWelligence 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…
Read MoreGlobal M&A | Global Upstream deal-making in December 2025 – a summary
Ten deals were announced in December 2025, continuing the strong end to the year. The monthly spend level was also the second highest of the…
Read MoreUS GoM M&A | Harbour Energy enters US GoM with US$3.2 billion acquisition of LLOG
Harbour Energy is to acquire LLOG for a consideration of US$3.2 billion, comprising US$2.7 billion cash and US$0.5 billion in equity – the price is…
Read MoreWelligence UK M&A | Harbour Energy acquires Waldorf Production
Harbour Energy’s acquisition of Waldorf Production’s UK North Sea assets reshapes the company’s portfolio and tax profile. The transaction deepens exposure to the operated Catcher…
Read MoreWelligence Nigeria Licensing | Nigeria’s 2025 licensing round – what you need to know
Nigeria’s 2025 licensing round, launched 1 December, offers 50 petroleum prospecting licences across pure exploration blocks and discovered resource opportunities. It targets oil and gas…
Read More2025 Energy Transition in Review: A Narrower, Tougher Path to Decarbonization
In 2025, the reordering of the energy transition became more defined as many oil and gas companies scaled back ambitions beyond their core businesses, reinforced…
Read MoreWelligence Colombia Rumblings on the Ground | Near-term energy uncertainty, cautious optimism around a 2026 political reset
Welligence recently visited Cartagena, Colombia to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and the overall outlook for…
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