Is Algeria Next?
With growing unrest in North Africa/Middle East, the question arises whether Algeria will be next in line for regime change. African Energy’s recent seminar, Algeria’s Energy Future: Industry and Political Risk Outlook, which we attended last week, threw some light on this complex issue. Discussion was centered on the political and economic situation and the .. read more
China Looks to Downstream Deals as Upstream Acquisition Strategy Fails to Deliver
The steady rate at which China’s oil self sufficiency is declining and the unprecedented levels to which it is falling may accelerate the pace of Chinese oil acquisitions in coming years, but it is also leading to new and innovative ways of securing oil supply, according to a new analysis by Evaluate Energy. Despite a .. read more
What’s New – Perform Your Analysis 50% Faster, China Downstream Deals & First Quarter M&A Deal Analysis
Perform Your Analysis 50% Faster As part of our goal to make Evaluate Energy an invaluable part of your Oil & Gas company analysis we have upgraded our web servers to provide users with a faster user experience. Current tests show that most reports now run 100% faster than they did last week. Let us .. read more
View from the Summit – A More Cooperative World?
Just back from the Oil Summit in Paris, an annual event organised by the Institut Francais de Petrole (IFP). Conference speakers comprised a refreshing mix of of leading professionals from IOCs (Shell and Total), governments (with ministers from Iraq, UAE, Nigeria among others) and International organisations like the IEA and IEF, along with some leading .. read more
BP Signals Intent for Portfolio Shift
Following an aggressive divestiture program in 2010 following the Horizon oil spill disaster, BP made two major deals that signalled their intent for where the new focus of their portfolio will lie. The first deal was in Russia and involved an equity swap agreement with Rosneft that would result in BP gaining access to huge .. read more
African Investment Continues Despite Unrest
Despite civil unrest spreading across the North of Africa from Tunisia to Egypt and Libya during the quarter, the rest of the continent remained open for business, with $5 billion worth of upstream deals. The largest deal in Africa during the quarter comprised of Total and CNOOC each taking a one third interest in Tullow .. read more
Shale Interest Drives North American Upstream M&A
After taking a back seat to Latin America in Q3 2010, North America re-emerged as the key player in the global upstream M&A sector with the majority of deals conducted there in the past two quarters. During Q1 2011 North America accounted for 45% of the deal value with over $20 billion worth of activity. .. read more
First Quarter 2011 Oil and Gas M&A Hits $45 Billion, as Shale Resources Continue to Dominate
First Quarter 2011 Oil and Gas M&A Hits $45 Billion, as Shale Resources Continue to Dominate The value of deals announced reached $45 billion in the global E&P sector during Q1 2011. A quarter in which the oil price broke through $100 per barrel on the back of increasing unrest in the North of Africa, .. read more
Oil and Gas Finding Costs on the Rise Again
Oil and gas finding costs are on the rise once more, according to the latest company data compiled by Evaluate Energy for the Major oil companies. Following a temporary lull in 2009 when spare capacity in the service industry and recession-induced falls in operating costs, the Majors are facing sharply higher operating costs once more. .. read more
Oil Companies In Oman – Oil & Gas Companies with Assets in Oman
Answering a question such as, “Which companies are exposed to unrest in Oman” is very simple using the Evaluate Energy system. Simply browse to the country page and check out the assets list. The companies listed below are all exposed in some way or form owning or farming in to one or more blocks. If .. read more