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Welligence M&A | Global upstream deal-making in January 2025 – a summary

There were six transactions announced in January 2025, down from the 10 in December and broadly in line with the rolling 12-month average. The announced…

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Welligence Europe Q4 2024 M&A Report | UK M&A returns, but Norway stays muted

Deal activity in the UK and Norway, which continue to dominate the upstream M&A landscape in Europe, reduced by 38% in 2024 compared to 2023.…

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Welligence Global | Looking ahead to 2025 – 5 trends shaping the next 12 months

How will the energy sector evolve in 2025? Our latest report highlights five pivotal themes that could shape the landscape next year. ACCESS PDF

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Welligence Global Benchmarking | Benchmarking the Majors’ deepwater portfolios – who is well positioned for the long-term?

  Deepwater is a core part of the upstream playbook for the Majors, even in a low-carbon future. On average, it accounts for around 20%…

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Welligence Europe Q3 2024 M&A Report | Deal activity wanes again

Three deals were announced in Q3 2024, reduction on the nine in Q2, with one deal apiece in the UK, Norway and Netherlands. The focus…

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Netherlands M&A | Tenaz Energy scales with NAM offshore acquisition

On 18 July 2024, Tenaz Energy acquired NAM’s offshore assets for an initial consideration of €165 million (US$180 million). NAM is a 50:50 joint venture…

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Welligence Global FPSO Outlook | Tapping into the idle FPSO fleet in the face of high industry costs and project delays

  The demand for FPSOs has been picking up since the market slowdown of 2020/2021. But upstream supply chain tightness is now weighing on project…

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Global LNG | FSRUs increasingly secure supplies for Europe and Asia’s energy transitions

FSRU demand surged in 2022 from European buyers looking to quickly import LNG following drastic cuts to Russian piped gas supplies. The shock more than…

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Global FLNG | Delivering the next wave of FLNG projects will not be smooth sailing

FLNG momentum has been building with recent Floating and Fast LNG projects having created a lot of buzz in the industry. We estimate FLNG and…

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Europe Q1 2024 M&A Quarterly | Deal making on pause, but for how long?

Just one asset deal was announced in Q1 2024, a step change from the nine in Q4 2023, representing a low level of activity not…

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