CGC makes transformational acquisition in Argentina to become one of Latin America’s biggest independents
On 30th June 2021, CGC announced the acquisition of Sinopec’s Argentina portfolio. The consideration has not been publicly disclosed, but some reports put it at…
Read MoreAmericas Upstream M&A Report – YPF follows in the footsteps of Petrobras with mature fields sell-off
Deal flow remains quiet in the Americas, but we expect a pick-up in activity in the next few months as Petrobras closes out several ongoing…
Read MoreArgentina O&G -will there be a post-Covid bounce back?
Welcome to the Welligence “Rumblings on the Ground” series. Over the last few weeks, Welligence has spoken with the key players on the ground in…
Read MoreBarriers to Vaca Muerta gas development
According to Ruaraidh Montgomery, the head of global research at Welligence Energy Analytics, there are two broad structural issues that have undermined development work at…
Read MoreAmericas Upstream M&A Report
Deal flow in the Americas is starting to pick up after a predictably slow 2020. We see a significant uptick in M&A in 2021, with…
Read MoreLatin American M&A rallies
The firm also plans to sell some attractive assets in the pre-salt’s Campos basin. It hopes to offload its entire stakes in the deepwater Albacora…
Read MoreBankrolling the Vaca Muerta
“In the past, we have seen how gas subsidies have led to explosive growth in production from the Vaca Muerta,” says Enrique Gonzalez, an analyst…
Read MoreAmericas Upstream Mergers & Acquisitions Report – Q3 2020
As expected, deal flow picked up in Q3 as cash-rich companies started to take advantage of the adverse market conditions. In Latin America, private equity…
Read MoreMartinez appointment boosts Argentina oil and gas industry’s hopes
Analysts say a key encouraging part of Argentina’s policy has been a push to align producer subsidies which underlie the country’s unusual system of fixed…
Read MoreMartinez appointment boosts Argentina oil and gas industry’s hopes
“Having the Energy Ministry sit under the Economy Ministry should allow for better alignment of subsidies to the industry with the fiscal capacity of the…
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