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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…

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Morocco M&A | Energean enters Morocco and farms into Chariot’s Anchois gas development

On 7th December 2023, Energean agreed with Chariot to acquire 45% and 37.5% operating stakes in the Lixus and Rissana Offshore licences respectively. The Lixus…

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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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Gas off the coast of Tarfaya: Italian ENI takes delivery of the Topaz Driller drilling platform

Consulting firm Welligence pointed out that Cinnamon would be the 16th well drilled in the block and the first since 2014. If successful, the well…

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Eni gears up for Cinnamon spud off Morocco

Welligence reported Cinnamon would be the 16th well drilled on the block and the first since 2014. The consultancy noted the attraction of Morocco’s fiscal…

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