MENA Q3 2023 M&A Quarterly | Deal-making slows after post-Covid highs, will activity bounce back?
M&A within the MENA region slowed during Q3 2023 following strong quarters post-Covid. There were just two transactions, the largest being OQ’s US$1.4 billion divestment…
Read MoreOman M&A | Oman’s OQ Group in US$1.4 billion divestment
On 22 August 2023, Oman’s OQ Group reached an agreement to sell 40% non-operating stakes in Block 60 (its flagship producing asset) and the adjacent…
Read MoreWelligence MENA | Majors invest in Oman gas to fuel energy transition
Oman’s energy sector has experienced a surge in activity over recent years, with gas development projects taking centre stage as the country focuses on its…
Read MoreMENA Q2 2023 M&A Quarterly | Big gas on the agenda
A strategic theme for many companies is increasing gas exposure. This is a key driver for much of the activity of the Majors, and increasingly…
Read MoreWelligence Middle East | MENA Outlook 2023
In this presentation, we highlight the recent M&A deal count and considerations in the MENA upstream sector and identify a key theme – gas portfolios…
Read MoreWelligence Middle East | Middle East NOCs – will the international upstream acquisition spree continue?
In a region where international E&Ps spent much of the last century jockeying to take a role in the upstream space, the tide in the…
Read MoreWelligence MENA M&A Quarterly Report | Bumper quarter for deal-making as Majors open their wallets
The quarter was one of the most eventful in MENA for many years. The stand-out deal was the bp and ADONC joint bid to acquire…
Read MoreWelligence Corporate | Capex guidance — sector set for 16% uplift in investment in 2023
With reporting season largely over, the vast majority of companies have now reported guidance for 2023. ACCESS PDF
Read MoreWelligence Corporate | Majors report in latest E&P 2023 capex guidance update
Welligence releases the latest capex guidance tracker including the Majors announcements and introduces new functionality. ACCESS PDF
Read MoreWelligence MENA M&A Q4 2022 | Positive outlook for deal-making despite risks to Capricorn/NewMed merger
We are pleased to release our quarterly report analysing M&A activity and the outlook for deal-making across the MENA region. As part of our comprehensive…
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