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…
Read MoreWelligence 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…
Read MoreVietnam M&A | EnQuest acquires operatorship of Block 12W as Harbour Energy exits Vietnam
On 22 January 2025, EnQuest signed a Sale and Purchase Agreement (SPA) with Harbour Energy to acquire a 53.125% operating equity interest in Block 12W…
Read MoreAPAC Q4 2024 M&A Quarterly | Chevron-Woodside Energy asset swap closes a vibrant gas-dominated M&A year
The year saw 18 deals announced with a total published consideration of US$4.5 billion. In comparison, 2023 had 26 deals but only US$1.7 billion of…
Read MoreAustralia M&A | Chevron and Woodside Energy consolidate their Australian interests
On 19 December 2024, Chevron and Woodside agreed to an asset swap deal (with a cash component), allowing each company to consolidate their respective assets…
Read MoreWelligence 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
Read MoreWelligence Australia | Australian gas/LNG shortfalls: Beetaloo to the rescue?
The Beetaloo Basin’s vast onshore shale gas resources offer a unique opportunity to address southeastern Australia’s looming LNG import needs and also revitalise the country’s…
Read MoreAPGCE 2024 Rumblings on the Ground | Malaysia E&P successfully adapts to Sarawak’s uncertainty
The Welligence team recently attended the Asia Petroleum Geoscience Conference & Exhibition (APGCE 2024) in Kuala Lumpur. The event was an excellent and well-attended forum…
Read MoreAPAC Q3 2024 M&A Quarterly | Gas continues underpinning APAC deal-making
In Q3 2024 saw six announced deals, five upstream and one for an LNG liquefaction stake across Malaysia, East Timor and Australia. The region’s M&A…
Read MoreWelligence 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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