Brazil M&A | PRIO set to become LatAm’s largest public independent producer
On 27 September 2024, PRIO announced the acquisition of Sinochem’s Brazilian subsidiary, which holds a 40% non-operated stake in the Equinor-operated Peregrino and Pitangola heavy…
Read MoreLatin America Q2 2024 M&A Quarterly | Consolidation underpins uptick in deal-making
Out of the seven deals announced in Q2 2024, three occurred in Brazil, and one each in Trinidad and Tobago, Bolivia, Peru, and Argentina. The…
Read MoreBrazil M&A | 3R/Enauta/Maha merger creates a leading Latin American independent
On 26 June 2024, the shareholders of 3R Petroleum and Enauta approved the merger of the two companies. Simultaneously, approval was also given for the…
Read MoreBrazil awaits contentious Equatorial Margin call
The Equatorial Margin is also seen as crucial to Brazil’s near-term energy security. Beyond simply increasing hydrocarbon exports, “energy security serves as a significant driver…
Read MoreBrazil is Oil Market Wildcard After Near-Million-Barrel Plunge
“Welligence, meanwhile, is more cautious, forecasting daily output of 3.4 million to 3.5 million for the rest of this year. Brazilian production won’t resume 2023s…
Read MoreWelligence Global Corporate | A (successful) tale of two stories – what’s next for Galp?
Galp has had an excellent start to 2024, announcing the offshore Namibia Mopane discovery, the largest deepwater find globally in the last 12 months. The…
Read MoreAtlantic Margin Exploration | Orange Basin sets the pace for South Atlantic exploration success
The rise of the Orange Basin as one of the world’s most exciting exploration hotspots paints a promising future for Namibia as the country sets…
Read MoreGlobal LNG | FSRUs increasingly secure supplies for Europe and Asia’s energy transitions
FSRU demand surged in 2022 from European buyers looking to quickly import LNG following drastic cuts to Russian piped gas supplies. The shock more than…
Read MoreGlobal FLNG | Delivering the next wave of FLNG projects will not be smooth sailing
FLNG momentum has been building with recent Floating and Fast LNG projects having created a lot of buzz in the industry. We estimate FLNG and…
Read MoreLatin America Q1 2024 M&A Quarterly | A slow start to the year, but calm before the storm?
There were just three deals announced in the quarter, following a flurry of activity at the end of 2023. The first transaction was in Argentina…
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