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Sub-Saharan Africa M&A | Will Seplat’s transformational acquisition set the stage for further deal-making in Nigeria?

Nigerian independent Seplat Energy has agreed to pay US$1.283 billion (plus US$300 million in contingency payments) for ExxonMobil’s Nigeria shallow-water portfolio. This deal is Nigeria’s…

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Sub-Saharan Africa Exploration Outlook | The wildcat is back! A big year for exploration in Sub-Saharan Africa

Buoyed by oil price strength and some breakthrough discoveries in 2021 (such as Baleine and Eban), this year will be marked by frontier and high-impact…

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Sub-Saharan Africa Upstream M&A Report | Flood of M&A on the way? With a strong oil price, we see more activity on the horizon

Deal activity in Sub-Saharan Africa (SSA) has finally started to flow, and there are still many opportunities on the market. In the latest update of…

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Welligence Sub-Saharan Africa | The Welligence 2022 Outlook for Sub-Saharan Africa

There is much to look forward to across the Sub-Saharan region in 2022. This report highlights key exploration activity, expected M&A trends, the progress of…

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Nigeria Rumblings on the Ground | Will the PIA reinvigorate the oil and gas sector?

Welcome to the Welligence “Rumblings on the Ground” series for Nigeria. In this report, we highlight our key findings from our inaugural research trip to…

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Africa Oil Week Review | Oil & gas not yet fossilised in Africa

The Welligence team attended Africa Oil Week (AOW) last week in Dubai. The week was spent attending sessions, networking with clients, and speaking at the…

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Africa Development | Next wave of FPSOs to unlock deepwater West Africa

Are the days of large-scale, greenfield upstream projects coming to an end? While it is true there is a greater focus on short-cycle developments, large,…

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Africa M&A Report – Will the Kosmos-Oxy deal kick start West African M&A?

The closing of Oxy’s US$750 million sale of its Ghana portfolio to Kosmos and GNPC has been a long time coming. At this point in…

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Nigeria PIA | How will E&Ps respond to Nigeria’s improved fiscal framework?

E&Ps active in Nigeria are set to see a substantial increase in the value of their portfolios once the Petroleum Industry Act (PIA) takes effect.…

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Nigeria Races to Extract Its Oil Before It’s Too Late

Consulting firm Welligence Energy Analytics warnsthat plans to establish separate regulatory agencies for the oil and gas industries could result in additional red tape andfurther…

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