Norway M&A | Lime Petroleum acquires Brasse stake
On 7 November, Lime Petroleum acquired a 17% interest in the Brasse discovery from DNO (10.7212%) and OKEA (6.2788%). OKEA is expected to submit a…
Read MoreNorway Rumblings on the Ground | Slow M&A market set to heat up in 2024
Welligence recently visited Oslo and Stavanger to meet with key stakeholders in the Oil & Gas sector to gauge the overall investment climate and the…
Read MoreEurope Q3 2023 M&A Quarterly | Deal activity stable, but opportunity pipeline continues to grow
Five deals were announced in Q3 2023, low compared to the nine announced in Q2, but in line with activity since Q1 2022. Four of…
Read MoreNorway M&A | Petrolia NOCO acquires Vår Energi’s Brage stake
Petrolia NOCO acquired Vår Energi’s 12.2575% interest in the Northern North Sea Brage field for an undisclosed consideration. Brage has net production of 1,000 boe/d…
Read MoreWelligence Global Exploration Outlook | Offshore exploration drilling outlook
In this report, we analyse exploration drilling plans in Europe, Latin America, MENA, Sub-Saharan Africa and US Gulf of Mexico. We have a line of…
Read MoreWelligence North Sea Rumblings on the Ground | Challenges abound but opportunities aplenty
The Welligence team recently visited over 20 E&Ps and investors in Aberdeen, London, Oslo and Stavanger to discuss current and upcoming activity, market sentiment and…
Read MoreNorth Sea Q2 2023 M&A Quarterly | Will dealmakers keep up with Q2 M&A high?
Deal activity in the North Sea continues to occur at pace. With the exception of Q4 2021, Q2 2023 saw the highest deal activity levels…
Read MoreEnergy Transition | Offshore GHG Benchmarking: making sense of all the noise
GHG emissions have emerged as a crucial factor in the decision-making process for oil and gas investments. It holds the same level of significance as…
Read MoreNorway M&A | Longboat acquires production in Statfjord area from INPEX Idemitsu
On 3 July, Longboat Energy announced it had acquired INPEX Idemitsu’s interests in Statfjord Øst (4.8%) and Sygna (4.32%) for a cash consideration of US$12.75…
Read MoreNorway M&A | Vår Energi acquires Neptune’s Norway Assets
On 23 June 2023, Eni and Vår Energi (Vår) announced the acquisition of Neptune Energy (Neptune) for US$4.9 billion. The deal has two components: Vår…
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