Welligence Global Corporate | Exploring the upstream JV/satellite models
The creation of JV companies by European IOCs has been grabbing headlines recently. Will the model continue to gain traction with other IOCs?
Read MoreWelligence M&A | Global upstream deal-making in May 2025 – a summary
There were nine transactions announced in May 2025, up from four in April, and above the rolling 12-month average.
Read MoreUK Fiscal & Policy | The potential of undeveloped gas discoveries to boost the UK’s energy security
In May 2025, Welligence presented the following analysis at the DEVEX conference in Aberdeen, examining if the remaining undeveloped discoveries in the UK could supplement…
Read MoreWelligence Global Fiscal | Global trends in petroleum fiscal terms – a race to the top?
Since the 2014 oil price crash, countries have increasingly competed for limited upstream investment by adopting investor-friendly reforms—driven by declining investment, tighter capital availability, and…
Read MoreUK M&A | Ithaca Energy increases Cygnus gas field interest
On 20 May 2025, Ithaca Energy announced the acquisition of a 46.25% interest from Spirit Energy in the Southern North Sea Cygnus gas field for…
Read MoreWelligence Global offshore project execution: What have we learnt so far?
Offshore projects sanctioned between 2019 to 2021 were hit by cost overruns and delays due to Covid restrictions. What is the outlook for the next…
Read MoreWelligence Global Corporate | Oil market uncertainty – budgets and barrels at risk?
The oil sector once again finds itself in an uncertain market environment. At the time of publication of this report, Brent crude prices are hovering…
Read MoreWelligence M&A | Global upstream deal-making in April 2025 – a summary
There were four transactions announced in April 2025, down on the 13 announced in March, and below the rolling 12-month average.
Read MoreWelligence M&A | Robust first quarter but signs that M&A is slowing
Around US$34 billion was spent on M&A globally in Q1, across 47 transactions. As usual, the majority of deal-making was onshore North America, which accounted…
Read MoreQuarterly Upstream Emissions Report – Europe Q1 2025
Welligence is excited to announce the release of our first Quarterly Upstream GHG Report, a series in which we provide clients with analysis on the…
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