Deep Dives
Welligence MTJDA M&A | PTTEP strengthens security of gas supply with acquisition of Chevron’s MTJDA interests
On 25 July 2025, PTTEP announced the purchase of Chevron’s 50% operating interest in Block A‑18 in the MTJDA for US$450 million, subject to customary…
Read MoreEU MERR Primer – Dates, definitions, obligations, and implications for the global oil and gas sector
The European Union’s MERR ushers in a new era of methane accounting, aiming to dramatically increase transparency and progressively limit releases across EU operations and…
Read MoreGlobal M&A | Global Upstream deal-making in July 2025 – a summary
Six transactions were announced in July 2025, down on the 10 announced in June and slightly below the rolling 12-month average. The majority were small…
Read MoreCompany Spotlight | Energean – What is next for Energean after the Carlyle deal cancellation?
Energean has rapidly grown production within five years, establishing itself as a key East Med gas producer. What’s next after the Caryle deal cancellation? CLIENT…
Read MoreWelligence APAC Q2 2025 M&A Quarterly | Record APAC M&A quarter focused on lower-risk gas/LNG assets
In Q2 2025, 10 deals were announced across Asia Pacific, reaching a two-year high. Two large deals dominated Q2, namely XRG’s offer to acquire Santos…
Read MoreWelligence Corporate | Chevron’s deepwater future – growth, exploration and asset sales
After Hess was announced the winner by an international arbitration tribunal in the dispute with ExxonMobil and CNOOC over pre-emption rights regarding the Stabroek project…
Read MoreWelligence North Africa Licensing | North Africa bid round bonanza – who were the winners and what is currently on offer?
Bid round activity in North Africa is at a level not seen since the 2000s. Activity is focused on the major producing countries – Algeria,…
Read MoreQuarterly Upstream GHG Report – South America (Q2 2025)
Welligence’s second quarterly emissions report of 2025 continues a series in which we provide clients with analysis on the emissions performance of the upstream sector…
Read MoreWelligence Argentina LNG | Argentina’s ~30 MMtpa LNG ambition by 2030 – is it feasible?
The development of the Vaca Muerta has allowed Argentina to start fulfilling its potential as an energy exporter. The country already exports oil and some…
Read MoreWelligence Guyana Corporate | Hess Wins Arbitration in Dispute Over Chevron Merger
An international arbitration tribunal acting under the ICC Arbitration Rules has ruled in favour of Hess, dismissing ExxonMobil and CNOOC’s claim that their pre-emption rights…
Read More