Norway M&A | DNO acquires Sval Energi from HitecVision
In March 2025, DNO announced the acquisition of Sval Energi from HitecVision for a cash consideration of US$450 million, which DNO reported is based on…
Read MoreWelligence M&A | Global upstream deal-making in February 2025 – a summary
There were seven transactions announced in February 2025, up on the six announced last month, and in line with the rolling 12-month average. The total…
Read MoreWelligence Corporate | NOC/IOC Partnerships – with today’s Eni/PETRONAS announcement, what’s next?
NOCs entering strategic partnerships with IOCs will continue to be a strong international growth option. Eni announced today that it had entered an MOU with…
Read MoreWelligence 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…
Read MoreWelligence Norway Licensing | Licence awards return to five-year average in APA 2024
On 14 January 2025, the Norwegian Offshore Directorate (NOD) announced the award of 53 production licences to 20 companies as part of the APA (Awards…
Read MoreWelligence 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.…
Read MoreWelligence 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
Read MoreNorway M&A | Equinor acquires Sval Energi’s Halten Øst interest
On 7 November 2024, Equinor announced it had acquired Sval Energi’s 11.8% interest in the Halten Øst development for an undisclosed consideration. Halten Øst is…
Read MoreAEW 2024 Rumblings on the Ground | Moving beyond the rhetoric
The Welligence team attended the 4th African Energy Week (AEW) in Cape Town, South Africa.The packed agenda covered M&A, new energies, local content, exploration and…
Read MoreWelligence 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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