Welligence MENA M&A | NewMed Energy and Capricorn Energy to merge and form leading gas-focused independent
Capricorn is recommending a merger with NewMed Energy through a reverse takeover, dropping a previous plan to merge with Tullow Oil following strong shareholder opposition…
Read MoreMexico’s Zama set to win FID battle
The FDP “originally envisioned by Talos diers markedly from the dra proposal put forward by Pemex”, says Omar Rios, research analyst at consultancy Welligence Energy…
Read MorePemex’s Glaring Gas Flaring Problem
“Most of[Pemex’s] portfolio comprises mature oil-producing fields; as the most indebted E&P in the world, it is much less costly to flare or vent excess…
Read MorePemex reverses production decline
“The new fields account for the growing portion of Pemex’s production base — we anticipate output peaking at approximately 500,000 bbl/d next year and representing…
Read MoreHas exploration delivered under Mexico’s Energy Reform?
A tangible achievement of Mexico’s Energy Reform is the US$2 billion+ of IOC investment in exploring the country’s waters. ACCESS PDF
Read MoreWelligence Americas M&A Q2 2022 | PetroRio makes transformational Brazil acquisition, but headwinds could slow deal-making in the region
Brazil again dominated deal-making in our Americas coverage, with deals worth almost US$2.3 billion. M&A activity elsewhere was also again quiet. ACCESS PDF
Read MoreMexico Rumblings on the Ground | Cautious optimism post-AMLO — but is it too late?
Welcome to the Welligence “Rumblings on the Ground” series. In these short notes, we provide key findings from our interactions throughout the regions in our…
Read MoreWelligence Americas M&A Q1 2022 | Strong quarterly deal flow in Brazil, but will high prices deter activity over the rest of the year?
A pair of Petrobras sales in Q1 is set to bring in almost US$2 billion. In January, the company sold the Potiguar Cluster to 3R…
Read MoreAmericas Upstream M&A Report — Q4 2021
With expectations of oil price stability, the market for Upstream M&A could be set for some big announcements – as usual, Brazil will dominate. This…
Read MorePemex running out of time
“Pemex had originally targeted an average 1.94mn bl/d of liquids production for 2021,” says Fernando Tamayo, a Latin America research analyst at upstream consultancy Welligence…
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