Welligence | Weekly Quick Takes
This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…
Read MoreWelligence North Sea M&A | Vår Energi merges with BlueNord, creating Europe’s largest independent producer
In July 2026, Vår Energi announced a merger with BlueNord, structured through a wholly owned subsidiary merging into BlueNord, making Vår Energi the largest independent…
Read MoreWelligence Europe Q2 2026 M&A Quarterly | An end-of-quarter flurry, but will it last?
Seven transactions were announced in Q2 2026, up from three in Q1. These comprised two corporate acquisitions, one in the UK and one in Norway,…
Read MoreWelligence Norway M&A | Vår Energi refines its NCS portfolio
Vår Energi has high graded its Norway portfolio through five separate transactions – a portfolio acquisition of Pandion Energy, two swaps with DNO and Equinor…
Read MoreWelligence UK M&A | bp UK – an opportunity for NEO NEXT+?
In early-June, press reports indicated that Ithaca Energy was in talks for the acquisition of bp’s UK upstream business for US$2.69 billion (£2 billion). Ithaca…
Read MoreWelligence Norway M&A | what does it take to generate value?
In May, Welligence presented at the Norwegian Petroleum Society’s Oil and Finance conference at Lysebu, Oslo, and met with key stakeholders in the upstream and…
Read MoreWelligence Europe Q1 2026 M&A Quarterly | The Middle East casts a shadow, but for how long?
European upstream M&A slowed sharply in Q1 2026, with just three transactions announced as the Middle East conflict and North Sea fiscal uncertainty weighed on…
Read MoreWelligence Global LNG | The Iran War pushes LNG’s oversupply to 2028 and accelerates its commoditization
The Iran War has raised Asian LNG spot prices forecasts sharply to ~US$14/MMbtu this year, confounding expectations of a balanced 2026 market and delaying the…
Read MoreEurope Development | The next 4 bnboe – key upstream developments to 2030
This analysis reviews the next wave of development projects across Europe. It maps 20 plus material fields across Norway, the UK, continental Europe and Cyprus.…
Read MoreWelligence Norway Licensing | APA 2025 Licensing Round: more licences, fewer players
On 13 January 2026, the Norwegian Offshore Directorate (NOD) announced the award of 57 production licences to 19 companies as part of the APA (Awards…
Read More