Israel Licensing | Israel 4th Offshore Bid Round attracts Majors and NOCs
On Sunday 29th October, the Israel Ministry of Energy and Infrastructure announced the results for two zones in the 4th Offshore Bid Round, launched in…
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…
Read MoreMENA 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…
Read MoreWelligence East Med | Bid round and exploration bonanza
The offshore East Med region has grown in importance over the past decade due to the large gas discoveries made. While Egypt has a long…
Read MoreWelligence Middle East | MENA Outlook 2023
In this presentation, we highlight the recent M&A deal count and considerations in the MENA upstream sector and identify a key theme – gas portfolios…
Read MoreWelligence MENA M&A Quarterly Report | Bumper quarter for deal-making as Majors open their wallets
The quarter was one of the most eventful in MENA for many years. The stand-out deal was the bp and ADONC joint bid to acquire…
Read MoreWelligence MENA M&A | bp and ADNOC make bid for NewMed Energy
On 28 March 2023, bp announced a joint bid with Abu Dhabi National Oil Company (ADNOC) to acquire 50% of NewMed Energy. ACCESS PDF
Read MoreWelligence Corporate | Capex guidance — sector set for 16% uplift in investment in 2023
With reporting season largely over, the vast majority of companies have now reported guidance for 2023. ACCESS PDF
Read MoreWelligence Corporate | Majors report in latest E&P 2023 capex guidance update
Welligence releases the latest capex guidance tracker including the Majors announcements and introduces new functionality. ACCESS PDF
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