Sub-Saharan Africa Q3 2023 M&A Quarterly | Deal flow remains strong with plenty on the menu heading into 2024
Four deals were announced in Q3, two in Angola and one each in Nigeria and Gabon. Activity was driven by African-focused independents and brownfield specialists…
Read MoreArc of instability threatens Sahel’s upstream, pipeline ambitions
“The trend shows that there is a growing political risk in the Sahel, (especially in the Francophone region),” noted Ifeanyi Onyegiri, analyst at upstream consultancyWelligence.…
Read MoreWelligence Corporate | Capex guidance — sector set for 16% uplift in investment in 2023
With reporting season largely over, the vast majority of companies have now reported guidance for 2023. ACCESS PDF
Read MoreWelligence Corporate | Majors report in latest E&P 2023 capex guidance update
Welligence releases the latest capex guidance tracker including the Majors announcements and introduces new functionality. ACCESS PDF
Read MoreWelligence Sub-Saharan Africa | Our 2023 outlook for Sub-Saharan Africa
Our view on exploration, M&A activity, FLNG, key developments and emerging trends in new energies. Political factors may also come into play with key elections…
Read MoreWelligence Sub-Saharan Africa M&A Q3 2022 | Deal flow slows but plenty on the menu heading into 2023
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the Sub-Saharan Africa region. As part of our…
Read MoreWelligence Sub-Saharan Africa Upstream M&A Report (Q2 2022) | Tullow and Capricorn move to merge while Angola M&A heats up!
The highlight of Q2 was Tullow Oil and Capricorn Energy’s merger announcement. We also saw Sonangol attract new investors to Angola, selling parts of its…
Read MoreSub-Saharan Africa Upstream M&A Report – Q1 2022
Despite a handful of headline-grabbing deals, deal flow remains limited in terms of deal count and the dollar values changing hands. A significant uptick in…
Read MoreWelligence Sub-Saharan Africa Benchmarking | The Sub-Saharan Africa Independents – Can they pick up the slack from the Majors?
The African focused Independents continue to dominate M&A in the region. These companies now account for US$5 billion of acquisition spend in the region. Acquisition…
Read MoreSub-Saharan Africa Exploration Outlook | The wildcat is back! A big year for exploration in Sub-Saharan Africa
Buoyed by oil price strength and some breakthrough discoveries in 2021 (such as Baleine and Eban), this year will be marked by frontier and high-impact…
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