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Can sub-Saharan Africa help fill the EU’s gas gap?

Africa has potential to expand LNG exports, but its additional contribution is likely to remain limited.

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Welligence Angola M&A | Sonangol’s positive farm-out results – Welligence’s coverage

Sonangol has struck three deals worth over US$1 billion in the last two weeks. As a result, several new companies have been able to establish…

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Welligence Angola M&A | Sirius and Somoil’s entry to Angola completes Sonangol’s farm-out bonanza

London-based Sirius Petroleum and Angola’s largest independent, Somoil, are to jointly acquire interests in producing Blocks 18 and 31, plus exploration Block 27, from Angolan…

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Welligence Angola M&A | Sungara is the latest new entrant to Angola as Sonangol cashes in

Sungara Energies, a newly-formed JV between Sequa Petroleum, NAMCOR and Petrolog Energy, has agreed to buy interests in Angolan offshore Blocks 15/06, 23 and 27…

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Welligence Angola M&A | Afentra takes the Angola plunge with Block 3/05 acquisition

UK-based Afentra has agreed to buy interests in Angolan offshore Blocks 3/05 and 23 from Sonangol, the country’s NOC. Afentra has been targeting legacy assets…

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Sub-Saharan Africa Upstream M&A Report – Q1 2022

Despite a handful of headline-grabbing deals, deal flow remains limited in terms of deal count and the dollar values changing hands. A significant uptick in…

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Welligence Sub-Saharan Africa Benchmarking | The Sub-Saharan Africa Independents – Can they pick up the slack from the Majors?

The African focused Independents continue to dominate M&A in the region. These companies now account for US$5 billion of acquisition spend in the region. Acquisition…

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Sub-Saharan Africa Exploration Outlook | The wildcat is back! A big year for exploration in Sub-Saharan Africa

Buoyed by oil price strength and some breakthrough discoveries in 2021 (such as Baleine and Eban), this year will be marked by frontier and high-impact…

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Sub-Saharan Africa Upstream M&A Report | Flood of M&A on the way? With a strong oil price, we see more activity on the horizon

Deal activity in Sub-Saharan Africa (SSA) has finally started to flow, and there are still many opportunities on the market. In the latest update of…

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Africa M&A | Is TotalEnergies’ Angola divestment the start of Major high-grading in the country?

The long-expected sale of mature and peripheral Angolan assets by the Majors has started after TotalEnergies, along with partner INPEX, sold their respective non-operated stakes…

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