Insight
Egypt leads the way: M&A in the Middle East and North Africa
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Deal activity in MENA rose steeply in 2016, both in deal count and value. Eni's farm-down of 40% of Egypt's giant Zohr gas field to BP and Rosneft for a combined US$2.1 billion late in the 2017, ensured a respectable year. As a percentage of global spend MENA accounted for 2%, or 5 % if excluding North America: an improvement on recent years, if still some way short of 2013 levels. Since 2014, deals have tilted from gas to oil, driven mostly by operators seeking farm-in partners to share risk in costly large-scale developments. We expect this trend to continue, with the Nile Delta and Eastern Mediterranean likely to feature prominently. BP and Rosneft will likely take up their options for an additional 5% each of Zohr, whilst Israel's efforts to introduce more competition could see Noble and Delek sell down equity in Tamar.
Table of contents
- Egypt leads the way: M&A in the Middle East and North Africa
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Market Report
EMEA onshore wind O&M market opportunity and service landscape 2025
Providing up-to-date analysis of the onshore wind O&M market in Europe, the Middle East and Africa.
$5,990
Asset Report
Jebel Ali
A detailed analysis of the Dubal aluminium smelter.
$2,250
Asset Report
Bahrain LNG - LNG regas terminal
Bahrain LNG terminal began operations in May 2025 after five-year delay. Bahrain Spirit FSU traded as carrier from 2020 to 2025.
$1,450
