Insight

APAC Energy Buzz: Australia’s upstream M&A market is hotting up

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The upstream M&A market is still a pretty tough place. Oil price uncertainty, the economic fallout from Covid-19 and the gathering energy transition are making all deals harder to close. But Australia's energy bankers are being kept busy - three major divestments are already underway and more will follow. Combined, over US$27 billion of Australasian upstream assets could soon be on the market. And while finding the right buyer is difficult, it doesn't mean they aren't out there.

Table of contents

  • Big deals being done, with more to follow
  • Australia’s carbon conundrum
  • Out with the old, in with the who?
  • In search of Australia’s new generation of pioneers

Tables and charts

This report includes 1 images and tables including:

  • Carbon intensity of the Majors in Australasia (2020-2025)

What's included

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    APAC Energy Buzz: Australia’s upstream M&A market is hotting up

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