Welligence Nigeria M&A | Shell consolidates in OML 118 (Bonga), buys out TotalEnergies for US$510 million
On 29 May 2025, TotalEnergies said it had agreed with Shell to sell its non-operated 12.5% interest in the OML 118 licence for US$510 million.…
Read MoreWelligence M&A | Global upstream deal-making in May 2025 – a summary
There were nine transactions announced in May 2025, up from four in April, and above the rolling 12-month average. CLIENT ACCESS REQUEST ACCESS
Read MoreWelligence Global Fiscal | Global trends in petroleum fiscal terms – a race to the top?
Since the 2014 oil price crash, countries have increasingly competed for limited upstream investment by adopting investor-friendly reforms—driven by declining investment, tighter capital availability, and…
Read MoreWelligence Global offshore project execution: What have we learnt so far?
Offshore projects sanctioned between 2019 to 2021 were hit by cost overruns and delays due to Covid restrictions. What is the outlook for the next…
Read MoreAfrica Energies Summit Rumblings on the Ground | Making African oil and gas great again
The Welligence team joined the 8th Africa Energies Summit in London, attended by governments, oil firms, financiers, and key industry stakeholders. CLIENT ACCESS REQUEST ACCESS
Read MoreWelligence Global Corporate | Oil market uncertainty – budgets and barrels at risk?
The oil sector once again finds itself in an uncertain market environment. At the time of publication of this report, Brent crude prices are hovering…
Read MoreWelligence M&A | Global upstream deal-making in April 2025 – a summary
There were four transactions announced in April 2025, down on the 13 announced in March, and below the rolling 12-month average. CLIENT ACCESS REQUEST ACCESS
Read MoreWelligence M&A | Robust first quarter but signs that M&A is slowing
Around US$34 billion was spent on M&A globally in Q1, across 47 transactions. As usual, the majority of deal-making was onshore North America, which accounted…
Read MoreWelligence Sub-Saharan Africa Q1 2025 M&A Quarterly | Last-moment deals kick start Q1 with a robust pipeline going into 2025
Sub-Saharan Africa saw a slow start to the first quarter in 2025 with just two deals, aligning with the same momentum in the last quarter…
Read MoreWelligence M&A | Global upstream deal-making in March 2025 – a summary
There were 13 transactions announced in March 2025, up on the seven announced last month, and above the rolling 12-month. CLIENT ACCESS REQUEST ACCESS
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