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Egypt 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…

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Global 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,…

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North 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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Eni 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…

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MENA 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…

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Egypt/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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Welligence Global Exploration Outlook | Offshore exploration drilling outlook

In this report, we analyse exploration drilling plans in Europe, Latin America, MENA, Sub-Saharan Africa and US Gulf of Mexico. We have a line of…

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Egypt green lights oil and gas deals worth $319 million

Egypt has lined up plans to drill for a total of 35 exploration wells in the next two years costing $1.8 billion, consultancy Welligence Energy…

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MENA Q2 2023 M&A Quarterly | Big gas on the agenda

A strategic theme for many companies is increasing gas exposure. This is a key driver for much of the activity of the Majors, and increasingly…

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Global M&A | Eni muscles up its gas and CCS business with Neptune Energy acquisition

On 23 June 2023, Eni and Vår Energi announced the acquisition of Neptune Energy for US$4.9 billion.   ACCESS PDF

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