Insight

Global upstream M&A: H1 2023 review and outlook

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H1 2023 posted the joint-lowest deal count since covid closed the market in H1 2020. Despite this, there were more billion-dollar-plus transactions (17) in this period than at any time since H2 2016. Billion-dollar-plus transactions accounted for more than a quarter of deals where considerations were disclosed – the average over the preceding five years was only 12%.

Table of contents

  • Executive summary

Tables and charts

This report includes the following images and tables:

  • H1 2023 deal activity

What's included

This report contains:

  • Document

    Global Upstream M&A H1 2023 Review And Outlook.pdf

    PDF 2.98 MB