Roc Oil swoops on Tethys Oil in $185 million all-cash offer
“A sale by Tethys has been anticipated since it announced a strategic review of its portfolio in February, with high levels of interest seen by…
Read MoreUK M&A | RockRose agrees to acquire Shell and ExxonMobil’s SNS asset package
On 30 July 2024, RockRose Energy agreed to acquire the interests of both Shell and ExxonMobil in Shell’s operated Southern North Sea assets, comprising 15…
Read MoreAsia Pacific Q2 2024 M&A Quarterly | Gas centre stage as TotalEnergies drives APAC deal-making
Three deals were announced in Q2 2024, a decline from the five in Q1 2024 and the lowest activity since Q1 2023. The announced considerations…
Read MoreNetherlands M&A | Tenaz Energy scales with NAM offshore acquisition
On 18 July 2024, Tenaz Energy acquired NAM’s offshore assets for an initial consideration of €165 million (US$180 million). NAM is a 50:50 joint venture…
Read MoreUS GoM M&A | HEQ Deepwater II strengthens portfolio in Deepwater GoM with acquisition from ExxonMobil
In June 2024, HEQ Deepwater II acquired ExxonMobil’s 22.5% interest in the producing Llano field for an undisclosed amount. HEQ Deepwater II is the…
Read MoreNigeria M&A | Chappal Energies acquires TotalEnergies’ stake in the SPDC JV, enters Nigerian onshore
On 17 July 2024, TotalEnergies announced it had reached an agreement with Chappal Energies for the sale of its 10% interest in the SPDC JV…
Read MoreWelligence Europe Q2 2024 M&A Report | Norway leads M&A resurgence
Nine deals were announced in Q2 2024, an increase on the single transaction announced in Q1 2024. Of these, six were in Norway, four of…
Read MoreLatin America Q2 2024 M&A Quarterly | Consolidation underpins uptick in deal-making
Out of the seven deals announced in Q2 2024, three occurred in Brazil, and one each in Trinidad and Tobago, Bolivia, Peru, and Argentina. The…
Read MoreNorth America Q2 2024 M&A Quarterly | Hilcorp’s latest Alaska deal the highlight of Q2 deal-making
We are pleased to announce the inclusion of Alaska data in this latest M&A quarterly report for North America. Moving forward, North America covers Alaska,…
Read MoreSub-Saharan Africa Q2 2024 M&A Quarterly | Deal-making continues, but opportunity pipeline is shrinking
Q2 2024 saw four notable deals in Sub-Saharan Africa, continuing the momentum from 2023 which was the most active year for M&A since COVID-19. With…
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