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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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US GoM M&A | Talos Energy and Beacon Offshore bolster their interests in Monument as Repsol exits

On 26 February 2025, Talos and Beacon Offshore announced an agreement to acquire Repsol’s stake in the Monument discovery. SUBSCRIBER ACCESS REQUEST ACCESS

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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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US GoM M&A | Shell consolidates at Ursa/Princess with acquisition of ConocoPhillips’ US Gulf of Mexico portfolio

On 21 February 2025, Shell announced the acquisition of ConocoPhillips’ non-operated US Gulf of Mexico portfolio for US$735 million. The portfolio includes a 15.96% interest…

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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 North America Q4 M&A Quarterly | INEOS makes US GoM debut, Chevron moves forward with multi-billion dollar divestment program

Four deals were announced in Q4 2024: two in Alaska, one in the US Gulf of Mexico (GoM), and one in Canada. ACCESS PDF

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US GoM M&A | INEOS makes US Gulf of Mexico debut with acquisition of CNOOC portfolio

  On 14 December 2024, INEOS announced the acquisition of CNOOC’s US Gulf of Mexico portfolio for an undisclosed consideration. Key assets include the Shell-operated…

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Global M&A | Kosmos in talks to acquire Tullow

On 12 December 2024, it was confirmed that Kosmos Energy is in preliminary talks to take over Tullow Oil in a potential all-share transaction. Kosmos…

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Welligence Global | Looking ahead to 2025 – 5 trends shaping the next 12 months

How will the energy sector evolve in 2025? Our latest report highlights five pivotal themes that could shape the landscape next year. ACCESS PDF

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Welligence US GoM Benchmarking | Benchmarking the independents – who is set for growth?

The US Gulf of Mexico (US GoM) is home to a vibrant pool of independents. In our latest note, we analyze and benchmark their portfolios,…

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