Welligence MENA M&A Q4 2022 | Positive outlook for deal-making despite risks to Capricorn/NewMed merger
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the MENA region. As part of our comprehensive…
Read MoreWelligence Egypt | Chevron hits major gas discovery offshore Egypt – what happens next?
On 15 January 2023, Chevron announced the Nargis gas discovery. The well encountered 61 m (net) of gas-bearing sandstones in Miocene and Oligocene formations. It…
Read MoreWelligence Egypt | Apex International Energy acquires Eni assets in Egypt
On 10th January 2023, Apex International Energy announced the acquisition of a selection of Eni exploration and production assets in Egypt’s Western Desert. The deal…
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 MoreReport: Chevron strikes gas off Egypt
“Chevron has a strong position in the East Mediterranean after acquiring Noble Energy in 2020,” Welligence said. “Exploration in the area has ramped up this…
Read MoreWelligence MENA M&A Q3 2022 | M&A resurgence hits North Africa
We’ve identified over 30 acquisition opportunities in the region, including potential country exits that offer material portfolios. We expect deal-making in North Africa onshore to…
Read MoreWelligence MENA M&A | NewMed Energy and Capricorn Energy to merge and form leading gas-focused independent
Capricorn is recommending a merger with NewMed Energy through a reverse takeover, dropping a previous plan to merge with Tullow Oil following strong shareholder opposition…
Read MoreWelligence MENA M&A Q2 2022 | Qatar Energy brings in IOCs to assist with LNG expansion while Egypt M&A fires up
We are pleased to introduce our inaugural quarterly M&A report for the Middle East & North Africa (MENA) region. This report covers 30+ acquisition opportunities…
Read MoreWelligence Africa M&A | Tullow and Capricorn merger will create major African energy player
Two of the UK’s most established independents, Tullow Oil and Capricorn Energy, have agreed to merge. The combined entity will be one of the largest…
Read MoreItaly’s ENI to tap North African gas for Europe
Ross Cassidy, the vice president of MENA research at Welligence Energy Analytics, also believes that while North Africa can help diversify gas supplies to Europe,…
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