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Exxon’s board shakeup could force review of billions of dollars in spending

Guyana and Brazil’s offshore fields will be prioritized, said Ruaraidh Montgomery at researcher Welligence.

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All go or no go in the Kavango – can ReconAfrica bring Namibia to the producer’s table?

Has ReconAfrica discovered the next producing basin in Africa? The Canadian junior has reported promising results from its second stratigraphic well in Namibia’s frontier onshore…

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SSA M&A Report – GHG heating up deal flow!

Africa has witnessed fairly steady deal flow year-to-date. This includes Tullow Oil’s high-grading and focus on its portfolio, striking deals that allowed it to exit…

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Major merger in Angola – a sign of things to come?

Eni and BP have signed a non-binding Memorandum of Understanding (MoU) on merging their Angola upstream operations, including Liquefied Natural Gas (LNG).   ACCESS PDF

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Americas Upstream M&A Report – YPF follows in the footsteps of Petrobras with mature fields sell-off

Deal flow remains quiet in the Americas, but we expect a pick-up in activity in the next few months as Petrobras closes out several ongoing…

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Leopard roars for Shell in the US Gulf of Mexico

Shell (50%, operator) and Chevron (50%) have unveiled a ‘significant’ Perdido discovery at Leopard in Alaminos Canyon. This continues the 2021 run of exploration success…

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Deep Dives

All go or no go in the Kavango – can ReconAfrica bring Namibia to the producer’s table?

Has ReconAfrica discovered the next producing basin in Africa? The Canadian junior has reported promising results from its second stratigraphic…

Read Our Article

SSA M&A Report – GHG heating up deal flow!

Africa has witnessed fairly steady deal flow year-to-date. This includes Tullow Oil’s high-grading and focus on its portfolio, striking deals…

Read Our Article

Major merger in Angola – a sign of things to come?

Eni and BP have signed a non-binding Memorandum of Understanding (MoU) on merging their Angola upstream operations, including Liquefied Natural…

Read Our Article

Americas Upstream M&A Report – YPF follows in the footsteps of Petrobras with mature fields sell-off

Deal flow remains quiet in the Americas, but we expect a pick-up in activity in the next few months as…

Read Our Article

Leopard roars for Shell in the US Gulf of Mexico

Shell (50%, operator) and Chevron (50%) have unveiled a ‘significant’ Perdido discovery at Leopard in Alaminos Canyon. This continues the…

Read Our Article

Colombia E&P in 2021 – M&A, ESG… and unconventionals?!

Wellcome to the Welligence “Rumblings on the Ground” series. Over the last few weeks, Welligence has spoken with the key…

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Equatorial Guinea – is the upstream sector set for a Major overhaul?

Equatorial Guinea is a well-established oil and gas producer in West Africa. It hosts the Punta Europa gas complex, home…

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Ecuador’s new president – finding the balance between ESG and upstream investment

This month’s victory of business-friendly presidential candidate Guillermo Lasso is positive news for the country’s E&P sector. Ecuador’s reserves and…

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