Posts Tagged ‘M&A’
Welligence MENA M&A Quarterly Report | Bumper quarter for deal-making as Majors open their wallets
The quarter was one of the most eventful in MENA for many years. The stand-out deal was the bp and ADONC joint bid to acquire…
Read MoreWelligence UAE M&A | TotalEnergies strengthens its UAE position – what’s next for Cepsa?
On 1st March 2023, TotalEnergies announced the acquisition of Cepsa’s UAE portfolio for an undisclosed consideration. The package comprises stakes in the Umm Lulu &…
Read MoreWelligence Sub-Saharan Africa Upstream M&A Report (Q2 2022) | Tullow and Capricorn move to merge while Angola M&A heats up!
The highlight of Q2 was Tullow Oil and Capricorn Energy’s merger announcement. We also saw Sonangol attract new investors to Angola, selling parts of its…
Read MoreWelligence Angola M&A | Afentra takes the Angola plunge with Block 3/05 acquisition
UK-based Afentra has agreed to buy interests in Angolan offshore Blocks 3/05 and 23 from Sonangol, the country’s NOC. Afentra has been targeting legacy assets…
Read MoreWelligence Brazil M&A | PetroRio’s transformational Albacora Leste acquisition
PetroRio’s planned US$2.2 billion acquisition of Albacora Leste is the largest purchase to date by an independent in Brazil. ACCESS PDF
Read MoreSub-Saharan Africa Upstream M&A Report – Q1 2022
Despite a handful of headline-grabbing deals, deal flow remains limited in terms of deal count and the dollar values changing hands. A significant uptick in…
Read More