Global upstream merger and acquisition (M&A) deals rebounded to pre-Covid-19 levels in 2021, reaching a total of US$181bn, a 70% increase over 2020, according to Rystad Energy research
Upstream M&A deals reached a three-year high of US$181bn in 2021
Industry
Pharos Energy signs third amendment to El Fayum concession agreement
Pharos Energy has signed the third amendment to the El Fayum concession agreement with the government of Egypt
Clariant opens two facilities in Angola
Global specialty chemicals company Clariant has opened two facilities in Soyo and Viana to bring a wide range of technical and operational capabilities in Angola
ExxonMobil’s ‘scope 3’ emissions set to rise, says GlobalData
Following ExxonMobil’s announcement of an ambition to achieve net-zero emissions for operated assets by 2050, Will Scargill, managing energy analyst at GlobalData, has highlighted his view on the company’s strategy
TotalEnergies sells its non-operated interest in Block 14 offshore Angola
TotalEnergies has signed an agreement to sell, jointly with Inpex, the company Angola Block 14 BV, to the Angolan Company Somoil
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