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Welligence | Weekly Quick Takes

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This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…

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Welligence North America Q4 2025 M&A Quarterly | Harbour makes a splash in an otherwise quiet year

Q4 2025 deal activity was limited to a single announced transaction, consistent with deal-making throughout the year – this reflects market caution given political volatility…

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Global M&A | Global Upstream deal-making in December 2025 – a summary

Ten deals were announced in December 2025, continuing the strong end to the year. The monthly spend level was also the second highest of the…

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US GoM M&A | Harbour Energy enters US GoM with US$3.2 billion acquisition of LLOG

Harbour Energy is to acquire LLOG for a consideration of US$3.2 billion, comprising US$2.7 billion cash and US$0.5 billion in equity – the price is…

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Welligence US Gulf of America Licensing | BBG1 Lease Sale driven by targeted bidding in key deepwater areas

The first US Gulf of America (US GoM) lease sale under the current Trump administration was held on 10 December 2025. Known as Big Beautiful…

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Welligence Global | LNG’s 2026 focus broadens from the US Gulf to the Pacific

Asian LNG spot prices in 2025 remained range-bound, generally between US$11-13/MMbtu. The latest wave of supply, led by US projects, began ramping up in early-2025…

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Welligence Global | FLNG Outlook: Emerging Trends and Opportunities

FLNG is emerging as a strategic complement to global LNG supply as activity shifts from Africa to the Americas. Welligence shows how floating LNG capacity…

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Offshore Electrification Sinks in the New Tide of Upstream Decarbonization

Offshore electrification in the North Sea is becoming increasingly uneconomic, even with Norwegian carbon prices reaching 237 USD/ton by 2030, pushing Norway and the UK…

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Company Spotlight | LLOG Value Sensitivities: Key Levers, Risks, and Upside

Following our recent LLOG Company Spotlight, we used Welligence’s new Corporate Model, which will soon be available to clients, to quantify how LLOG’s value shifts…

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Welligence US Gulf of America Licensing | The next GoM lease sale – will it be Big and Beautiful?

The upcoming US GoM lease sale is expected to draw significant interest as operators prepare for the first round in two years. Companies are expected…

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  • Welligence Latin America Q4 2025 M&A Quarterly | Argentina and Brazil continue to lead M&A activity February 3, 2026
  • Global M&A | Global upstream deal-making in January 2026 February 3, 2026
  • Venezuela’s Amended Hydrocarbons Law – An Update February 3, 2026

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