Sub-Saharan Africa Benchmarking | Africa-focused Independents in a low-carbon future
The SSA-focused independents have dominated M&A transactions on the continent, accounting for 80% of the acquisition spend disclosed in 2023. But with ESG scrutiny ramping…
Read MoreSub-Saharan Africa Q4 2023 M&A Quarterly | Deal flow slows, but is it the calm before the storm?
Two deals were announced in Q4 2023. This was a slow finish to the year but still contributed to 2023 being the most active year…
Read MoreNamibia M&A | TotalEnergies boosts stake in giant Namibian discovery
On 10th January 2024, TotalEnergies announced it had agreed to acquire an additional 10.5% in block 2913B (PEL 56) and 9.39% in block 2912 (PEL…
Read MoreAOW Rumblings on the Ground | The continent sticks to its own Energy Transition script
The Welligence team attended Africa Oil Week (AOW) this year in Cape Town, South Africa. We met with multiple clients and key stakeholders focused on…
Read MoreSub-Saharan Africa Q3 2023 M&A Quarterly | Deal flow remains strong with plenty on the menu heading into 2024
Four deals were announced in Q3, two in Angola and one each in Nigeria and Gabon. Activity was driven by African-focused independents and brownfield specialists…
Read MoreSub-Saharan Africa Q2 2023 M&A Quarterly | deal-making up after muted Q1
Sub-Saharan Africa deal flow is up slightly after a muted Q1. The capital discipline trend continued with activity driven by portfolio optimisation and operational…
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 Namibia Exploration | Lower Cretaceous success for Shell at Jonker-1X in Namibia
The Orange Basin in Namibia continues to deliver. The latest success is a light oil discovery made by Shell’s Jonker-1X well. The well is on…
Read MoreShell scores third find off Namibia
Welligence Energy Analytics reported this morning that Total had spudded its “critical appraisal well” on Venus. The Tungsten Explorer has spudded the Venus-1A at a…
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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