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Welligence Corporate | NOC/IOC Partnerships – with today’s Eni/PETRONAS announcement, what’s next?

NOCs entering strategic partnerships with IOCs will continue to be a strong international growth option. Eni announced today that it had entered an MOU with…

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Welligence M&A | Global upstream deal-making in January 2025 – a summary

There were six transactions announced in January 2025, down from the 10 in December and broadly in line with the rolling 12-month average. The announced…

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Welligence North America Q4 M&A Quarterly | INEOS makes US GoM debut, Chevron moves forward with multi-billion dollar divestment program

Four deals were announced in Q4 2024: two in Alaska, one in the US Gulf of Mexico (GoM), and one in Canada. ACCESS PDF

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Welligence US Alaska Licensing | Alaska’s second ANWR Coastal Plain Lease Sale fails to attract bids

The Department of the Interior announced that the Bureau of Land Management (BLM) received no bids for the congressionally mandated Alaskan oil and gas lease…

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Welligence Global | Looking ahead to 2025 – 5 trends shaping the next 12 months

How will the energy sector evolve in 2025? Our latest report highlights five pivotal themes that could shape the landscape next year. ACCESS PDF

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Welligence US Alaska Licensing | Positive results in latest Alaska bid round, and a potential surprise

On December 11, the Alaska Department of Natural Resources (DNR) announced the results of its 2024 Northern Alaska bid round. The sale generated over US$10…

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Welligence US Alaska Licensing | Northern Alaska DNR lease sale begins: what’s on offer and who’s interested?

The Alaska Department of Natural Resources (DNR) has initiated its competitive oil and gas lease sale for the Beaufort Sea, North Slope, and North Slope…

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Welligence 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…

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Welligence Global Benchmarking | Benchmarking the Majors’ deepwater portfolios – who is well positioned for the long-term?

  Deepwater is a core part of the upstream playbook for the Majors, even in a low-carbon future. On average, it accounts for around 20%…

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US Alaska M&A | ConocoPhillips consolidates Alaska portfolio by acquiring Chevron’s stakes in certain fields

  In October 2024, ConocoPhillips announced the acquisition of a package of assets in Alaska from Chevron for US$300 million – a 4.9% stake in…

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