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Equatorial Guinea M&A | Panoro Energy doubles down in Equatorial Guinea, acquiring Kosmos Energy’s stake in Block G

On 24 February, Panoro Energy agreed to acquire a 40.375% non-operated interest in Block G offshore Equatorial Guinea from Kosmos Energy for up to US$219.5…

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EGYPES Intelligence Report | North Africa M&A

Welligence Energy Analytics is proud to be an official EGYPES 2026 Intelligence Partner. We are publishing the first of a total of four reports that…

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Colombia M&A | Parex submits competing offer for Frontera’s Colombia upstream portfolio

On 23 February 2026, Parex Resources announced that it has submitted a competing proposal to acquire Frontera’s Colombian upstream business. CLIENT ACCESS REQUEST ACCESS  

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Nigeria Rumblings on the Ground | Is Nigeria’s upstream sector entering a new growth cycle?

Nigeria upstream and NNPC reforms are in focus for Welligence. The team recently visited Lagos and the Nigeria International Energy Summit in Abuja. We met…

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Welligence APAC Q4 2025 M&A Quarterly | APAC’s Gas Gold Rush: Record 27-Deal Year Unpacked

Q4 2025 delivered a strong close to the year for the APAC region, making it the most active in terms of deal count since 2020.…

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LNG2026 Rumblings on the Ground | LNG’s momentum pivots to upcoming suppliers and M&A

Welligence recently participated in the LNG2026 conference, hosted by QatarEnergy in Doha, to meet with key LNG stakeholders and discuss the industry’s latest outlooks, opportunities…

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Colombia M&A | GeoPark acquires Frontera’s Colombia upstream portfolio for US$622 million – is this the start of industry consolidation?

On 29 January 2026, GeoPark announced it had agreed to acquire from Frontera Energy one hundred percent of Frontera Petroleum International Holdings B.V., which holds…

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Argentina M&A | Vista Energy acquires Vaca Muerta assets from Equinor for US$1.03 billion

On 2 February 2026, Vista Energy announced the acquisition of Equinor’s Vaca Muerta portfolio. This includes 30% non-operated interest in Bandurria Sur, 50% non-operated interest…

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Global Q4 2025 M&A Quarterly | Strong Uptick Closes Out Quiet Year For M&A

M&A in 2025 was subdued overall, with geopolitical and market uncertainty leading to buyer and seller caution. This was particularly evident in Q2/Q3, as the…

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Brazil M&A | KUFPEC enters Brazil with 20% acquisition of pre-salt Orca Project from Shell

On 3 February 2026, Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced the acquisition from Shell of a 20% non-operating stake in the Orca and Sul…

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