Continental and Mediterranean Europe upstream: 2017 in review



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Report summary

It was a mixed year for the upstream industry across Continental & Mediterranean Europe (CME). Overall, licence awards were down resulting in a 70% drop in awarded acreage versus 2016, although Majors did move into some potentially high-impact areas. Exploration and appraisal drilling was flat, with both positive and negative results across the frontier plays. Governments across Europe took different approaches to try and attract future investment which led to a very strategic FID in Denmark. M&A activity once again was high, with some large deals struck by the Majors as they rationalise portfolios. In this report, we discuss the what's happened in the upstream sector across Continental and Mediterranean Europe. We cover the UK and Norway in separate reports.

What's included

This report contains

  • Document

    Continental and Mediterranean Europe upstream: 2017 in review

    PDF 562.21 KB

Table of contents

  • 1) Licensing
  • 2) Exploration and appraisal drilling
  • 3) Fiscal changes
  • 4) Investments
  • 5) M&A

Tables and charts

This report includes 1 images and tables including:


  • Deal count, resources traded and considerations paid (2010-2017)

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