Namibia M&A | TotalEnergies boosts stake in giant Namibian discovery
On 10th January 2024, TotalEnergies announced it had agreed to acquire an additional 10.5% in block 2913B (PEL 56) and 9.39% in block 2912 (PEL…
Read MoreGlobal M&A | Harbour Energy becomes a leading international E&P and CCS player with Wintershall Dea deal
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding German midstream assets, UAE and Russian-linked assets including JVs with Gazprom in…
Read MoreM&A in the spotlight: Which of the top quality oil and gas independents is next?
“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…
Read MoreNorway M&A | Equinor acquires Shell’s interest in HPHT Linnorm development
On 14 December 2023, Equinor acquired Shell’s 30% interest and operatorship of the High Pressure, High Temperature (HPHT) Linnorm gas discovery, the largest undeveloped gas…
Read MoreMorocco M&A | Energean enters Morocco and farms into Chariot’s Anchois gas development
On 7th December 2023, Energean agreed with Chariot to acquire 45% and 37.5% operating stakes in the Lixus and Rissana Offshore licences respectively. The Lixus…
Read MoreNigeria M&A | Equinor exits Nigeria, selling entire business to Chappal Energies
On 29 November 2023, Equinor announced the sale of its Nigeria business to Chappal Energies, for an undisclosed consideration. Equinor has a 53.85% interest in…
Read MoreNorway M&A | PGNiG acquires KUFPEC’s Norway assets
On 20 November 2023, PGNiG acquired KUFPEC’s Norway portfolio for US$445 million. The sales process had been ongoing for an extended period with KUFPEC receiving…
Read MoreUS GoM M&A | Karoon Energy acquires Who Dat and Dome Patrol from LLOG Exploration for US$720 million
On 16th November 2023, Karoon Energy announced it is to acquire 30% stakes in the producing Who Dat (which includes Abilene) and Dome Patrol fields…
Read MoreNorway M&A | Lime Petroleum acquires Brasse stake
On 7 November, Lime Petroleum acquired a 17% interest in the Brasse discovery from DNO (10.7212%) and OKEA (6.2788%). OKEA is expected to submit a…
Read MoreGlobal M&A | Big is back! Chevron to acquire Hess for US$60 billion
Chevron’s proposed US$60 billion acquisition of Hess is the second giant deal in North America in the space of two weeks, following ExxonMobil’s planned US$65…
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