Africa M&A – Could Oxy’s West Africa exit trigger an M&A wave?
Occidental (Oxy), the region’s most motivated seller of the past few years, has finally sold its Ghana portfolio to Kosmos Energy and Ghana National Petroleum…
Read MoreAfrica M&A Report – Calm before the storm? With Majors looking to high-grade, acquirers likely have their fingers on the trigger
In the latest update of our Africa M&A Report, we have identified over 60 acquisition opportunities across our coverage. These are assets either publicly on…
Read MoreThe West African Independents – Will the buying spree continue?
The African focused Independents have dominated M&A in the region. Since 2017, these companies have accounted for US$3 billion of acquisition spend in the region.…
Read MoreAnother ILX success for Eni with Eban discovery in Ghana
On July 6th, Eni announced its second discovery on Block 4 in Ghana’s deepwater Tano Basin. The Eban-1X well was drilled to a depth of…
Read MoreSSA M&A Report – GHG heating up deal flow!
Africa has witnessed fairly steady deal flow year-to-date. This includes Tullow Oil’s high-grading and focus on its portfolio, striking deals that allowed it to exit…
Read MoreThe 2021 outlook for offshore exploration in Sub-Saharan Africa
We expect modest levels of exploration drilling in offshore Sub-Saharan Africa in 2021. Total will be the most active, hoping to build on its Luiperd…
Read MoreGhana upstream M&A – US$1 billion of assets up for grabs?
The list of assets up for grabs in Sub-Saharan Africa is growing. This is largely driven by the Majors high-grading their portfolios. But balance sheet…
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