Egypt Rumblings on the Ground | Receivables issue dominates EGYPES conversations – is there light at the end of the tunnel?
Welligence participated in last week’s Egypt Energy Show (EGYPES) in Cairo. EGYPES is the largest energy conference in North Africa and the East Mediterranean. This…
Read MoreWelligence Egypt M&A | bp and ADNOC to form a joint venture in Egypt
On 14 February 2024, ADNOC and bp announced that they had agreed to form a joint venture in Egypt. bp will provide the assets and…
Read More‘Satisfied’: European major happy with result of Mediterranean Sea well
Welligence Energy Analytics also suggested Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas sold to the gas-hungry Egyptian…
Read MoreMENA Q4 2023 M&A Quarterly | Harbour Energy and Energean make moves in North Africa
Two deals involving MENA assets were announced in Q4 2023, in line with the prior quarter, making for a quiet second half to 2023 following…
Read MoreEgypt Energy Transition | Decarbonising Egypt’s oil and gas sector – progress so far
Egypt signed the Paris Agreement in 2016, the Zero Routine Flaring Initiative in 2017, and the Global Methane Pledge in 2022. Egypt hosted COP27 in…
Read MoreEgypt M&A | SDX Energy finalising West Gharib sale and is close to Egypt exit
On 9 January 2024, SDX Energy announced that it had agreed with an unnamed buyer the terms of an execution version of the sale and…
Read MoreGlobal M&A | Harbour Energy becomes a leading international E&P and CCS player with Wintershall Dea deal
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding German midstream assets, UAE and Russian-linked assets including JVs with Gazprom in…
Read MoreEgypt Energy Transition | Egypt’s energy transition efforts intensify
Egypt’s aspiration to become a key energy hub in the region, combined with its proactive stance in the energy transition, positions it as a…
Read MoreGlobal M&A | Harbour announces reverse takeover of Wintershall Dea
On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding UAE and Russian assets, JVs with Gazprom in Libya, Netherlands and UK,…
Read MoreNorth Africa Energy Transition | What role will gas play in North Africa’s energy transition?
Major efforts are being made to progress energy transition, security, and decarbonization in North Africa. While this moves forward, gas will continue to play a…
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