Insight
Brazil M&A, Part 1: review and look ahead
Report summary
Brazil has emerged as the M&A leader in Latin America. The renaissance was pushed by changes to sector regulation combined with Petrobras’ robust divestment program. Many of 2019’s tailwinds remain. But the recent oil price rout will undoubtedly hinder dealmaking. If Brent prices average US$35/bbl for the remainder of the year, several assets currently on sale would be uneconomic. Are there still opportunities out there for savvy buyers?
Table of contents
- A slow start that ended with a bang
-
Petrobras fueled diverse M&A activity in Brazil
- Santos Basin: a true unknown
- Campos Basin: the most significant opportunity
- Other basins: the unlikely upside
Tables and charts
This report includes 7 images and tables including:
- Dealmaking in Brazil picks up in mid-2017
- Deal count by phase and resource theme
- Deal count by basin
- Buyer peer group for sold assets by deal count
- Buyer peer group for sold assets by value (US$)
- Several assets on sale meet the US$35/boe opex threshold
- Resource theme for offerings is set to change (interactive chart)
What's included
This report contains:
Other reports you may be interested in
Insight
MENA upstream in brief
The latest stories and trends in the Middle East and North Africa upstream sector combined with our expert opinion and analysis.
$1,350
Asset Report
Barcarena - LNG Regas Terminal
Barcarena LNG terminal located in Para, Brazil, started operations in February 2024 and was built to be a key piece of the ...
$1,200
Deal Insight
ExxonMobil buys Pioneer for US$64.5 billion
ExxonMobil grows its advantaged oil portfolio in landmark transaction
$1,650