Insight
Global upstream M&A: 2016 in review
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Upstream M&A began to recover in 2016; deal count jumped 24% year-on-year, and disclosed spend increased in each successive quarter, crossing US$60 billion in Q4 for only the eighth time on record. But the story was more nuanced than these figures suggest. It was a tale of three markets: North American unconventionals (in particular, the Permian Basin); Russia (geopolitics and privatisation)… and the rest (underpinned by the Majors; accelerating at the end of the year). In this Insight, we provide an in-depth analysis of the global upstream M&A market in 2016, looking at buyers, sellers, regional activity, valuations and more. For more information on the outlook for M&A, see The fear is lifting: global upstream M&A in 2017.
Table of contents
- 2016 upstream M&A spend by primary deal location and buyer peer group
- Valuations
- Regional breakdown
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Companies
- Net M&A spend by company: top 15 buyers and sellers
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Resource Type
- Oil versus gas
- LNG
- Unconventionals
- North American tight oil
- Unconventional gas
- Canada oil sands
- Elsewhere
- Monthly / quarterly market trends
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Deal type and size
- Corporate deals fall while asset activity bounces
- Deal size
- Deal Pipeline
- Appendix 1 - Additional charts and tables
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Appendix 2 - Methodology
- Scope of coverage
- Implied Long-Term Oil Price Methodology
- Benefits of the Implied Long-Term Oil Price Methodology
- M&A Service
Tables and charts
This report includes the following images and tables:
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Global upstream M&A: 2016 in review: Image 2Weighted average Implied Long-Term Oil Price (deal-by-deal) vs. Brent oil priceAnnual upstream M&A deal count, by region
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Monthly upstream M&A deal spend, by regionGlobal upstream M&A: 2016 in review: Image 62016 global upstream M&A spend by primary country, highlighting ten largest deals by valueAnnual upstream M&A deal spend, by deal typeMonthly upstream M&A deal spend, by deal typeNo. of deals in Pipeline by region and resource typeValue of deals in Pipeline by region and resource typeTop 10 unconventional resource weighted deals in 2016Top NOC acquisitions outside of home country in 2016
- 27 more item(s)...
What's included
This report contains:
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