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Corporate week in brief: the Majors go big again in Brazil and Mexico bid rounds

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02 April 2018

Corporate week in brief: the Majors go big again in Brazil and Mexico bid rounds

Report summary

Lead story: industry interest in Brazil and Mexico shows no sign of slowing as the Majors go big again. Macro: Brent holds at US$70/bbl; a good week for oil stocks; digitalisation and the size of the prize. Companies: Groningen decision hits ExxonMobil and Shell; Repsol forced to halt Vietnam development, CNOOC Ltd's 2017 results. M&A: Concho announces biggest deal ever in the Permian; Shell adds to West of Shetland portfolio.

Table of contents

  • Macro: oil prices, oil and gas shares
  • Lead story: latest Brazil and Mexico licensing rounds
  • Companies: ExxonMobil, Shell, Repsol and CNOOC Ltd
  • M&A: largest Permian acquisition to date, Shell UK deal

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    Corporate week in brief: the Majors go big again in Brazil and Mexico bid rounds

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