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Welligence M&A | Global upstream deal-making in March 2025 – a summary

There were 13 transactions announced in March 2025, up on the seven announced last month, and above the rolling 12-month.   CLIENT ACCESS REQUEST ACCESS

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Trinidad & Tobago M&A | Perenco boosts T&T portfolio with acquisition from Woodside

On 31 March 2025, Perenco entered into an agreement with Woodside Energy to acquire its operating stakes in the Greater Angostura shallow-water assets for US$206…

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Welligence Politics & Regulatory | Will Trump allow Venezuelan gas to reach Trinidad?

The Trump administration’s moves to revoke Chevron’s OFAC General License and the OFAC Specific Licenses held by Maurel & Prom, Eni, and Repsol in Venezuela…

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Welligence Global FPSO Review | Supply chain pressure continues to hit the FPSO market

The FPSO market is witnessing a resurgence in demand. South America remains the industry hotspot, but activity is set to pick up in frontier countries…

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Welligence 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…

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Welligence 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…

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Trinidad and Tobago Rumblings on the Ground | Charting the gas puzzle: Trinidad & Tobago’s Venezuelan Connection

The Welligence team recently attended the Energy Conference in Port of Spain, Trinidad meeting with key stakeholders in the energy sector to gauge the overall…

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Welligence 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…

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Welligence Latin America Q4 2024 M&A Report | Deal-making slows down, but new activity is imminent

The year saw 26 deals announced in Latin America, compared to 16 in 2023. Activity was primarily driven by Argentina, which saw 14 transactions. Nine…

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Trinidad & Tobago M&A | Touchstone Exploration expands gas business with acquisition from Shell

On 13 December 2024, Touchstone Exploration entered into an agreement with Shell to acquire the onshore Central Block for US$23 million in cash, subject to…

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