Welligence | Weekly Quick Takes
This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…
Read MoreWelligence Global | Unconventional Hydrocarbon Activity Update
This note reviews the emerging role of international unconventional hydrocarbons alongside deepwater as a source of future supply growth, summarizing current activity and status across…
Read MoreThe shrinking pool of large international E&P companies
“The group of large international E&Ps has been steadily shrinking. Over the past five years, companies in the peer group, including Noble Energy, Marathon, and…
Read MoreWelligence Global Q3 2025 M&A Quarterly | Has global deal-making reached a nadir?
Around US$17 billion was spent on M&A globally in Q3, across 37 transactions. Spend was the lowest quarterly average of the post-Covid era. North America…
Read MoreBrazil Licensing | Petrobras and Equinor lead, Karoon goes solo and CNOOC & Sinopec form an all-Chinese JV in the 3rd PSC Permanent Round
On 22 October 2025, the ANP successfully held Brazil’s 3rd PSC Permanent Offer Round, awarding five of the seven pre-salt exploration blocks, three in the…
Read MoreEquinor prepares to start delayed deepwater project offshore Brazil
“Ultra-deep reservoirs, high pressure, and full gas reinjection have stretched costs and project timelines,” said Andre Fagundes, a vice president at energy consultancy Welligence who…
Read MoreWelligence Latin America Q3 2025 M&A Quarterly | A quiet quarter in Latin America
Latin America M&A softened in Q3 2025, with activity clustered in Argentina (three) and Colombia (two) as portfolio optimization and divestments drove decisions. Vaca Muerta…
Read MoreWelligence Global | Beyond Fiscal Terms: Turning Reforms into Results
This report is the second in our two-part series on the evolving fiscal and regulatory landscape and what actions help realise tangible projects. CLIENT ACCESS…
Read MoreGlobal M&A | Global Upstream deal-making in August 2025 – a summary
Six transactions were announced in August 2025, in line with July and slightly below the rolling 12-month average. The largest deal was in the Canadian…
Read MoreWelligence Latin America Benchmarking | Latin America’s Independents: who’s leading the pack?
Latin America is home to a variety of independents from Pre-Salt to Shale. In our latest note, we analyze and benchmark their portfolios. CLIENT ACCESS…
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