Welligence Angola M&A | BW Energy and Maurel & Prom buy Azule Energy’s stakes in Blocks 14 and 14K
Angola M&A activity continues apace as BW Energy and Maurel & Prom acquire Azule Energy’s interests in Blocks 14 and 14K. The deal secures the…
Read MoreWelligence UK M&A | TotalEnergies merges UK business with NEO NEXT
UK North Sea M&A accelerates as TotalEnergies merges its UK upstream portfolio with NEO NEXT, creating NEO NEXT+. The combined business becomes the largest oil…
Read MoreOman M&A | Kistos enters the Middle East as Mitsui reduces its footprint in Oman
Kistos has signed a binding agreement to acquire Mitsui E&P’s 5% and 20% in Block 9 and Blocks 3 & 4, respectively, onshore in Northern…
Read MoreWelligence Indonesia M&A | Prime Group acquires Harbour Energy’s Natuna assets
On 8 December 2025, Prime Group acquired Harbour Energy’s operated interests in the producing Natuna Sea Block A (28.67%) and the pre-development Tuna project (50%)…
Read MoreGlobal M&A | Global Upstream deal-making in November 2025 – a summary
Ten deals were announced in November 2025, a big step up from the prior month and above the rolling 12-month average. There were no large…
Read MoreWelligence Namibia M&A | TotalEnergies takes the helm on Galp’s Mopane
Momentum is building in the Orange Basin as TotalEnergies assumes operatorship of Galp’s Mopane discovery in deepwater Namibia, while Galp gains non-operated exposure to the…
Read MoreUK M&A | Perenco acquires 50% stake in Blythe & Elgood
Perenco’s M&A move in the Southern North Sea adds a 50% operated stake in the Blythe and Elgood gas fields. It acquires the interest from…
Read MoreEgypt M&A | Arcius Energy strikes its second deal offshore Egypt, acquiring a gas discovery from Shell and bp
Arcius Energy has signed a binding agreement to acquire Shell’s 60% and bp’s 40% interest in the El Burg concession in Egypt’s shallow water Mediterranean.…
Read MoreGlobal M&A | Global Upstream deal-making in October 2025 – a summary
Just three transactions were announced in October 2025, half the rolling 12-month average. Serica Energy and Tenaz Energy continued their respective expansion drives in the…
Read MoreWelligence Russia & Caspian Q3 2025 M&A Quarterly | A lull for quarterly M&A
During Q3 we recorded no transactions in upstream developed assets, versus two seen in Q2, although there were several other new contracts signed, progress made…
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