MENA Q4 2023 M&A Quarterly | Harbour Energy and Energean make moves in North Africa
Two deals involving MENA assets were announced in Q4 2023, in line with the prior quarter, making for a quiet second half to 2023 following…
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 MoreGlobal M&A | Harbour announces reverse takeover of Wintershall Dea
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding UAE and Russian assets, JVs with Gazprom in Libya, Netherlands and UK,…
Read MoreNorth Africa Energy Transition | What role will gas play in North Africa’s energy transition?
Major efforts are being made to progress energy transition, security, and decarbonization in North Africa. While this moves forward, gas will continue to play a…
Read MoreMENA Q3 2023 M&A Quarterly | Deal-making slows after post-Covid highs, will activity bounce back?
M&A within the MENA region slowed during Q3 2023 following strong quarters post-Covid. There were just two transactions, the largest being OQ’s US$1.4 billion divestment…
Read MoreMENA Q2 2023 M&A Quarterly | Big gas on the agenda
A strategic theme for many companies is increasing gas exposure. This is a key driver for much of the activity of the Majors, and increasingly…
Read MoreGlobal M&A | Eni muscles up its gas and CCS business with Neptune Energy acquisition
On 23 June 2023, Eni and Vår Energi announced the acquisition of Neptune Energy for US$4.9 billion. ACCESS PDF
Read MoreGlobal M&A | Eni and Vår Energi acquires Neptune Energy
On 23 June, Eni and Vår Energi acquired Neptune Energy for US$4.9 billion including US$0.5 billion of net debt. Neptune will retain its Germany assets.…
Read MoreWelligence Middle East | MENA Outlook 2023
In this presentation, we highlight the recent M&A deal count and considerations in the MENA upstream sector and identify a key theme – gas portfolios…
Read MoreWelligence MENA M&A Quarterly Report | Bumper quarter for deal-making as Majors open their wallets
The quarter was one of the most eventful in MENA for many years. The stand-out deal was the bp and ADONC joint bid to acquire…
Read More