Global upstream M&A in brief
Report summary
Table of contents
- Regional activity
- ExxonMobil sells UK asset package for more than US$1 billion
- Continental added PRB acreage
- LUKOIL pushes hard for Sangomar position with bid for FAR
- Shell and Ovintiv each exit Duvernay
- Spartan continues Canadian expansion
- Equinor backs out of the Bakken
- DNO acquires ExxonMobil’s stake in the Baeshiqa license, Kurdistan
- Panoro Energy acquires Tullow Oil assets in Equatorial Guinea and Gabon
- EnQuest buys Suncor's stake in Golden Eagle Area for US$325 million
- Surge grabs Grenadier and expands its Permian position
- KNOC set to sell North Sea asset package
- BP sells 20% stake in Khazzan: desperate times call for desperate measures
- ExxonMobil and Chevron reportedly held merger talks early last year
- Regional activity
- Beach buys Mitsui's Bass Basin interests
- Deal Pipeline: NEO in exclusive UK talks with ExxonMobil
- Heirs Holdings buys stake OML 17 (Nigeria) from Majors
Tables and charts
This report includes 5 images and tables including:
- February 2021 deal count compared to historical benchmarks
- February 2021 disclosed consideration compared to historical benchmarks (adjusted to exclude US$50bn+ megadeals)
- Global M&A – January 2021
- January 2021 deal count compared to historical benchmarks
- January 2021 disclosed consideration compared to historical benchmarks (adjusted to exclude US$50bn+ megadeals)
What's included
This report contains:
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