Deep Dives
UAE Rumblings on the Ground | Renewed focus: MENA’s oil giants are back in the spotlight thanks to their recent stability
Welligence recently visited Dubai and Abu Dhabi to meet with key stakeholders in the oil and gas sector to gauge the overall upstream climate and…
Read MoreWelligence | 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 MoreEgypt M&A | United Energy Group acquires Apex International Energy
On 7 February 2025, United Energy Group (UEG) entered into a Sale and Purchase Agreement (SPA) with Apex International Energy (Apex). UEG will fully acquire…
Read MoreWelligence M&A | Global upstream deal-making in January 2025 – a summary
There were six transactions announced in January 2025, down from the 10 in December and broadly in line with the rolling 12-month average. The announced…
Read MoreVietnam M&A | EnQuest acquires operatorship of Block 12W as Harbour Energy exits Vietnam
On 22 January 2025, EnQuest signed a Sale and Purchase Agreement (SPA) with Harbour Energy to acquire a 53.125% operating equity interest in Block 12W…
Read MoreIsrael M&A | SOCAR acquires 10% of Tamar gas field from Union Energy and Tamar Petroleum
On 31 January, the State Oil Company of the Republic of Azerbaijan (SOCAR) announced the acquisition of a 10% interest in the Tamar gas field…
Read MoreCCUS | Power Generation from Bioenergy with Carbon Capture and Storage (BECCS): Can it be profitable?
Bioenergy with Carbon Capture and Storage (BECCS) is emerging as a key solution for CO₂ removal, offering the unique advantage of negative emissions while generating…
Read MoreAPAC Q4 2024 M&A Quarterly | Chevron-Woodside Energy asset swap closes a vibrant gas-dominated M&A year
The year saw 18 deals announced with a total published consideration of US$4.5 billion. In comparison, 2023 had 26 deals but only US$1.7 billion of…
Read MoreEnergy Transition | How cancelling Jackdaw and Rosebank will increase the UK’s emissions
A Scottish court has ruled that the approvals for the Rosebank and Jackdaw oil and gas fields were unlawful due to inadequate environmental impact assessments,…
Read MoreNigeria Rumblings on the Ground | A resurgence for Nigeria’s upstream?
Welligence recently visited Lagos & Abuja in Nigeria to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and the…
Read More