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 MoreAtlantic Margin Exploration | Exploration insights across the Atlantic Margin
The Atlantic Margin is one of the most consistently successful exploration provinces globally, delivering material discoveries across multiple basins and exploration cycles. Since 2010, more…
Read MoreBrazil M&A | KUFPEC enters Brazil with 20% acquisition of pre-salt Orca Project from Shell
On 3 February 2026, Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced the acquisition from Shell of a 20% non-operating stake in the Orca and Sul…
Read MoreWelligence Latin America Q4 2025 M&A Quarterly | Argentina and Brazil continue to lead M&A activity
Latin America Q4 2025 ended with five deals announced, keeping pace with the five deals in Q3 2025 and surpassing the three deals in Q4…
Read MoreBrazil M&A | Brava expands Campos position as PETRONAS repositions and exits Tartaruga Verde & Espadarte Mod. III
On 16 January 2026, Brava announced the acquisition of PETRONAS’ 50%, non-operating interest in Tartaruga Verde and Espadarte Module III in the deepwater Campos Basin.…
Read MoreGlobal M&A | Global Upstream deal-making in December 2025 – a summary
Ten deals were announced in December 2025, continuing the strong end to the year. The monthly spend level was also the second highest of the…
Read MoreBrazil Licensing | Petrobras & Shell anchor PPSA’s 1st Tract Participation Round as government scores fiscal success amid muted sector appetite
On 4 December 2025, the PPSA (Pre-Sal Petroleo S/A) held its 1st Tract Participation Round, offering its minority stakes in the Mero (3.5%), Tupi (0.551%)…
Read MoreOffshore Electrification Sinks in the New Tide of Upstream Decarbonization
Offshore electrification in the North Sea is becoming increasingly uneconomic, even with Norwegian carbon prices reaching 237 USD/ton by 2030, pushing Norway and the UK…
Read MoreBrazil Rumblings on the ground | Brazil 2026 – Balancing upstream growth, energy transition and energy security amid election uncertainty
Welligence recently visited Rio de Janeiro, Brazil, to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and discuss the…
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…
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