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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 Latin America Q4 2024 M&A Report | Deal-making slows down, but new activity is imminent

The year saw 26 deals announced in Latin America, compared to 16 in 2023. Activity was primarily driven by Argentina, which saw 14 transactions. Nine…

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Argentina M&A | Pluspetrol strengthens Vaca Muerta portfolio with acquisition from ExxonMobil/QatarEnergy

On 16 December 2024, Pluspetrol announced the acquisition of operated and non-operated stakes in six Vaca Muerta blocks from ExxonMobil and QatarEnergy (which acquired a…

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Argentina Rumblings on the Ground | is a bullish outlook reasonable?

Welligence recently visited Buenos Aires, Argentina to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and discuss the country’s…

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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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Latin America Q3 2024 M&A Quarterly | Uptick in deal activity driven by YPF’s portfolio optimization

Out of the 13 deals announced in Q3 2024, ten occurred in Argentina, one in Brazil, one in Trinidad and Tobago, and one in Mexico.…

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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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Argentina M&A | YPF kicks off sales program as local independents snap up packages

YPF has signed contracts for nine of the eleven clusters available in its “Project Andes” divestment program. The details of each sale, including consideration and…

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Welligence Global FPSO Outlook | Tapping into the idle FPSO fleet in the face of high industry costs and project delays

  The demand for FPSOs has been picking up since the market slowdown of 2020/2021. But upstream supply chain tightness is now weighing on project…

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