US GoM M&A | OG Energy achieves US GoM critical mass with acquisition from Beacon Offshore
On 29 March 2024, Beacon Offshore announced the completion of the divestment of its non-operated interests in certain fields to OG Energy for an undisclosed…
Read MoreWelligence CCUS | TotalEnergies’ acquisition of Talos Low Carbon Solutions: accelerating CCS in the US
TotalEnergies has acquired Talos Low Carbon Solutions (TLCS), a wholly-owned subsidiary of Talos Energy, in a deal valued at US$148 million. The consideration comprises a…
Read MoreUS GoM M&A | Esperanza acquires ExxonMobil’s stake in Ursa/Princess
On 21st February 2024, Esperanza Capital Partners announced the acquisition of ExxonMobil’s 15.96% stake in the Shell-operated Ursa/Princess fields in the deepwater US Gulf of…
Read MoreAmericas Q4 2023 M&A Quarterly | Deal-making is back on the table
Q4 2023 saw a slight uptick in deal flow anchored by a flurry of transactions in the US Gulf of Mexico and Brazil. We also…
Read MoreShell demonstrates renewed focus on hydrocarbons
“The European majors are battling pressures from investors to reduce emissions while maintaining strong shareholder returns… Shell’s shift in strategy is largely explained by CEO…
Read MoreUS GoM M&A | North American M&A frenzy spills into the Gulf — Talos Energy acquires QuarterNorth
On 15 January 2024, Talos Energy announced it had agreed to acquire QuarterNorth for US$1.29 billion. The deal will be funded through the issuance of…
Read MoreM&A in the spotlight: Which of the top quality oil and gas independents is next?
“Now we have the first large-scale deal between international independents (Harbour and Wintershall). With talks ongoing between Santos and Woodside,this could be the first of…
Read MoreUS GoM M&A | Karoon Energy acquires Who Dat and Dome Patrol from LLOG Exploration for US$720 million
On 16th November 2023, Karoon Energy announced it is to acquire 30% stakes in the producing Who Dat (which includes Abilene) and Dome Patrol fields…
Read MoreEni set to start drilling critical East Med gas well
Welligence Energy Analytics said that “the well confirmed the presence of very good quality sand reservoirs at multiple layers, including some known with commercial discoveries…
Read MoreChevron and ExxonMobil raids open a ‘new era of oil mega mergers’
Welligence Energy Analytics said that sector consolidation has been on the agenda in recent years, and is becoming a reality. “We anticipate further consolidation, particularly…
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