Brazil M&A | Brava expands Campos position as PETRONAS repositions and exits Tartaruga Verde & Espadarte Mod. III
On 16 January 2026, Brava announced the acquisition of PETRONAS’ 50%, non-operating interest in Tartaruga Verde and Espadarte Module III in the deepwater Campos Basin.…
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Welligence Mexico M&A | LUKOIL makes first divestment as Grupo Carso expands upstream portfolio
On 19 January, Grupo Carso announced the acquisition of Fieldwood Mexico, a subsidiary of LUKOIL, for US$600 million, comprising US$270 million cash and the assumption…
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Welligence APAC | What to look for in 2026
Asia Pacific upstream in 2026 is shaping up to be a catalyst-driven year, with portfolio rationalisation accelerating alongside a renewed push to explore frontier basins…
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Welligence Sub-Saharan Africa Q4 2025 M&A Quarterly | A late rebound in an otherwise selective M&A year
Sub-Saharan Africa upstream M&A saw a late-year rebound in Q4 2025 as deal-making returned after a quiet third quarter. Transactions in Nigeria, Angola and Namibia…
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Welligence Norway Licensing | APA 2025 Licensing Round: more licences, fewer players
On 13 January 2026, the Norwegian Offshore Directorate (NOD) announced the award of 57 production licences to 19 companies as part of the APA (Awards…
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Welligence MENA Q4 2025 M&A Quarterly | Two deals announced, as MENA M&A remained subdued into year-end
Two deals were announced in Q4 2025. One in Egypt and one in Oman. This marked an increase in deal activity from the previous quarter;…
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Brazil M&A | Brava expands Campos position as PETRONAS repositions and exits Tartaruga Verde & Espadarte Mod. III
On 16 January 2026, Brava announced the acquisition of PETRONAS’ 50%, non-operating interest in Tartaruga Verde and Espadarte Module III in the deepwater Campos Basin.…
Read Our Article
Welligence Mexico M&A | LUKOIL makes first divestment as Grupo Carso expands upstream portfolio
On 19 January, Grupo Carso announced the acquisition of Fieldwood Mexico, a subsidiary of LUKOIL, for US$600 million, comprising US$270 million cash and the assumption…
Read Our Article
Welligence APAC | What to look for in 2026
Asia Pacific upstream in 2026 is shaping up to be a catalyst-driven year, with portfolio rationalisation accelerating alongside a renewed push to explore frontier basins…
Read Our Article
Welligence Sub-Saharan Africa Q4 2025 M&A Quarterly | A late rebound in an otherwise selective M&A year
Sub-Saharan Africa upstream M&A saw a late-year rebound in Q4 2025 as deal-making returned after a quiet third quarter. Transactions in Nigeria, Angola and Namibia…
Read Our Article
Welligence Norway Licensing | APA 2025 Licensing Round: more licences, fewer players
On 13 January 2026, the Norwegian Offshore Directorate (NOD) announced the award of 57 production licences to 19 companies as part of the APA (Awards…
Read Our Article
Welligence MENA Q4 2025 M&A Quarterly | Two deals announced, as MENA M&A remained subdued into year-end
Two deals were announced in Q4 2025. One in Egypt and one in Oman. This marked an increase in deal activity from the previous quarter;…
Read Our Article
Brazil M&A | Brava expands Campos position as PETRONAS repositions and exits Tartaruga Verde & Espadarte Mod. III
On 16 January 2026, Brava announced the acquisition of PETRONAS’ 50%, non-operating interest in Tartaruga Verde and Espadarte Module III in the deepwater Campos Basin.…
Read Our Article
Welligence Mexico M&A | LUKOIL makes first divestment as Grupo Carso expands upstream portfolio
On 19 January, Grupo Carso announced the acquisition of Fieldwood Mexico, a subsidiary of LUKOIL, for US$600 million, comprising US$270 million cash and the assumption…
Read Our Article
Welligence APAC | What to look for in 2026
Asia Pacific upstream in 2026 is shaping up to be a catalyst-driven year, with portfolio rationalisation accelerating alongside a renewed push to explore frontier basins…
Read Our Article
Welligence Sub-Saharan Africa Q4 2025 M&A Quarterly | A late rebound in an otherwise selective M&A year
Sub-Saharan Africa upstream M&A saw a late-year rebound in Q4 2025 as deal-making returned after a quiet third quarter. Transactions in Nigeria, Angola and Namibia…
Read Our Article
Welligence Norway Licensing | APA 2025 Licensing Round: more licences, fewer players
On 13 January 2026, the Norwegian Offshore Directorate (NOD) announced the award of 57 production licences to 19 companies as part of the APA (Awards…
Read Our Article
Welligence MENA Q4 2025 M&A Quarterly | Two deals announced, as MENA M&A remained subdued into year-end
Two deals were announced in Q4 2025. One in Egypt and one in Oman. This marked an increase in deal activity from the previous quarter;…
Read Our Article