Welligence North Sea M&A Quarterly Report | The calm before the storm with major deals ahead
Deal activity has remained stable, with four transactions in Q1. However, the opportunity pool remains large, with over 200 individual asset interests available, including several…
Read MoreWelligence UK M&A Reaction | Another gas grab for Rockrose Energy
Rockrose Energy has acquired 60% interests in the Anning, Sommerville and Hodgkin gas fields in the Southern North Sea from Hartshead Resources ACCESS PDF
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 Energy Transition | INTOG lease round – offshore oil and gas wind electrification goes mainstream
On Friday, Crown Estate Scotland announced the results of the initial INTOG (Innovation (IN) and Targeted Oil and Gas (TOG)) wind lease, a first of…
Read MoreElectrifying offshore oil and gas with floating wind power ‘not for the faint-hearted’
“More than 80% of UK’s offshore emissions will come from the fuel consumed at the facilities. That makes electrification the most impactful strategy,” Juan Agudelo,…
Read MoreWelligence | Country and project benchmarking – investment metrics that can help decision-making
The Welligence platform can be leveraged to perform quick, powerful analysis that can help drive opportunity screening and decision-making for all organizations. We have highlighted…
Read MoreAnalysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy. Dave Moseley, vice president of…
Read MoreSwimming in subsurface data
“DATABASE ARCHITECTURE is a key aspect in the way intelligence companies are able to respond to the changes in the way data is made available…
Read MoreWelligence UK M&A | Prax enters upstream with Hurricane Energy acquisition
On 16 March 2023, Prax announced the acquisition of Hurricane Energy for up to £249 million (US$301 million). Hurricane’s sole asset is its 100% interest…
Read MoreWelligence UK M&A | Sunset on Suncor’s North Sea business as Equinor swoops
On 3rd March Equinor announced the acquisition of Suncor Energy UK Ltd for US$850 million, bringing interests of 40% in the West of Shetlands Rosebank…
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