Welligence APAC M&A Report | Horizon Oil moves to acquire Cue Energy via scrip-and-cash takeover
On 2 March 2026, Horizon announced an off-market takeover offer for all fully paid ordinary shares in Cue Resources that it does not already have…
Read MoreWelligence Russia & Caspian Q4 2025 M&A Quarterly | Lukoil and new licences lead in Q4 M&A
Q4 2025 was relatively quiet for M&A in Russia and the Caspian, with just one announced upstream transaction for developed assets. The period was, however,…
Read MoreSoutheast Asia Rumblings on the Ground | Momentum builds across licensing, gas growth and strategic repositioning
Southeast Asia is accelerating upstream licensing activity, with Malaysia, Thailand, Indonesia, Brunei and even Myanmar launching or preparing bid rounds to drive investment and replace…
Read MoreGlobal M&A | Global upstream deal-making in February 2026
Six transactions were announced in February 2026 in line with January. The standouts were Vista Energy’s US$1 billion deal in Argentina and competing bids for…
Read MoreEquatorial 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…
Read MoreEGYPES Intelligence Report | North Africa M&A
Welligence Energy Analytics is proud to be an official EGYPES 2026 Intelligence Partner. We are publishing the second of a total of four reports that…
Read MoreColombia 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
Read MoreNigeria 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…
Read MoreWelligence 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.…
Read MoreLNG2026 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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