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Asia Pacific upstream M&A watchlist

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02 June 2022

Asia Pacific upstream M&A watchlist

Report summary

ConocoPhillips has exited Indonesia and increased its interest in APLNG in Australia. POSCO International acquired Senex Energy in Australia expanding its global portfolio into the Australian upstream oil and gas industry. Portfolio diversification and growth through acquisitions are were driving these mergers. Nearly US$8 billion (NPV10, 2022) worth of assets are still up for grabs across the region. A further US$25 billion (NPV10, 2022) could come to market in the near and medium-term. Portfolio rationalisation, deleveraging and decarbonisation havebrought many assets to the market. Here we present a snapshot of assets which are already up for sale or rumoured to be.

Table of contents

  • Executive summary

Tables and charts

This report includes 1 images and tables including:

  • Regional asset deals in review - who, what and why?

What's included

This report contains:

  • Document

    Asia Pacific Upstream M&A Watchlist June 2022.pdf

    PDF 1.84 MB