Sub-Saharan Africa Q3 2024 M&A Quarterly | Deal-making slows but SSA still on track for robust year of M&A
Last quarter saw just one deal in Sub-Saharan Africa, marking a slowdown from the first half of 2024. Despite that, 2024 remains set to be…
Read MoreWelligence North America Q3 M&A Quarterly | Chevron’s divestment program headlines deal-making
A single deal was announced in Q3 2024, marking another quiet quarter and well below the activity seen in Q4 2023/Q1 2024. But Q4 2024…
Read MoreWelligence MENA Q3 2024 M&A Report | Roc Oil enters MENA, but overall deal activity muted
It was a quiet quarter with just two transactions: Roc Oil’s takeover of Tethys Oil, which concludes the Swedish independent’s strategic review announced in February,…
Read MoreLatin America Q3 2024 M&A Quarterly | Uptick in deal activity driven by YPF’s portfolio optimization
Out of the 13 deals announced in Q3 2024, ten occurred in Argentina, one in Brazil, one in Trinidad and Tobago, and one in Mexico.…
Read MoreWelligence Europe Q3 2024 M&A Report | Deal activity wanes again
Three deals were announced in Q3 2024, reduction on the nine in Q2, with one deal apiece in the UK, Norway and Netherlands. The focus…
Read MoreBrazil M&A | PRIO set to become LatAm’s largest public independent producer
On 27 September 2024, PRIO announced the acquisition of Sinochem’s Brazilian subsidiary, which holds a 40% non-operated stake in the Equinor-operated Peregrino and Pitangola heavy…
Read MoreWelligence Mexico M&A | PTTEP exits Mexico with Chinwol-Polok divestment to Repsol
On 20 September 2024, PTTEP announced the sale of its 16.67% stake in the Chinwol-Polok asset, located in Block 29, to Repsol for an undisclosed…
Read MoreNorway M&A| Lime Petroleum acquires OKEA’s Yme interest
On 23 September 2024, Lime Petroleum acquired OKEA’s 15% interest in the Yme field for US$15.65 million. Lime Petroleum will also pay OKEA US$9.2 million…
Read MoreOman M&A | ROC Oil makes MENA debut in Oman with US$185 million Tethys Oil acquisition
On 13 September 2024, ROC Oil announced a US$185 million cash offer to acquire Tethys Oil including its 30% interest in the onshore producing Blocks…
Read MoreArgentina M&A | YPF kicks off sales program as local independents snap up packages
YPF has signed contracts for nine of the eleven clusters available in its “Project Andes” divestment program. The details of each sale, including consideration and…
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