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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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Norway | What next for Vår Energi after Neptune Energy Norge takeover?

Following the takeover of Neptune Energy Norge, the report explores Vår’s announced strategy and potential paths to meet its announced targets.   ACCESS PDF

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Europe Q4 2023 M&A Quarterly | Buoyant quarter with more deals to follow

Nine deals were announced in Q4 2023, in line with Q2. This contributed to making 2023 the joint most active year for M&A so far…

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Welligence CCUS | Harbour Energy’s acquisition of Wintershall Dea creates a European CCS powerhouse?

The combination of Harbour Energy and Wintershall Dea will create a major CCS player. Harbour will increase its net CCS acreage in the North Sea…

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Norway Licensing | Frontier licence awards return in APA 2023

On 16 January 2024, the Norwegian Offshore Directorate (SODIR) announced the award of 62 production licences to 24 companies in the Awards in Predefined Area…

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Global M&A | Harbour Energy becomes a leading international E&P and CCS player with Wintershall Dea deal

On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding German midstream assets, UAE and Russian-linked assets including JVs with Gazprom in…

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M&A in the spotlight: Which of the top quality oil and gas independents is next?

“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…

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Global M&A | Harbour announces reverse takeover of Wintershall Dea

On 21 December 2023, Harbour announced a reverse takeover of Wintershall Dea (excluding UAE and Russian assets, JVs with Gazprom in Libya, Netherlands and UK,…

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Norway M&A | Equinor acquires Shell’s interest in HPHT Linnorm development

On 14 December 2023, Equinor acquired Shell’s 30% interest and operatorship of the High Pressure, High Temperature (HPHT) Linnorm gas discovery, the largest undeveloped gas…

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Norway M&A | PGNiG acquires KUFPEC’s Norway assets

On 20 November 2023, PGNiG acquired KUFPEC’s Norway portfolio for US$445 million. The sales process had been ongoing for an extended period with KUFPEC receiving…

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