MENA 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…
Read MoreEni starts drilling key well at offshore gas discovery in East Mediterranean
Welligence Energy Analytics in late October suggested that, if successful, Cronos could be developed as a tie-back to Eni’s Zohr facilities offshore Egypt, with gas…
Read MoreMENA Q3 2023 M&A Quarterly | Deal-making slows after post-Covid highs, will activity bounce back?
M&A within the MENA region slowed during Q3 2023 following strong quarters post-Covid. There were just two transactions, the largest being OQ’s US$1.4 billion divestment…
Read MoreEgypt/Israel Rumblings on the Ground | The growing pains of the East Med gas market
The Welligence team recently visited Cairo, Jerusalem, and Tel Aviv and met with industry stakeholders to discuss key issues in the Egypt and Israel oil…
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