Latin America Upstream M&A - poised to bounce back

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

Latin America M&A fell back in 2012. Brazil is seeing a re-rating of value; Argentina is seeing a re-rating of political and fiscal risk. Despite the challenges, Latin America offers a wealth of opportunities for companies of all shapes and sizes. There are deals to be done, if buyers and sellers can come together. Increased deal flow in 2013 hints at a turn-around.

What's included

This report contains

  • Document

    Latin America Upstream M&A - poised to bounce back

    PDF 800.54 KB

Table of contents

  • Regional M&A Outlook
    • Successful Licensing Round Bodes Well for Future M&A
    • Pre-salt
    • Petrobras
    • OGX's financial strain
    • Anadarko
    • Vaca Muerta tight oil
    • Energy market liberalisation helps, but costs need to come down
    • Political risk
    • BP content to stay
    • Petrobras wanting to go
    • Canadian juniors and domestic players dominate the market
    • NOCs potentially interested in Colombia
    • Large Cap interest in Colombia is limited
    • Few opportunities in oil
    • Large Caps may provide asset liquidity
    • Potential EOR opportunities for niche players
  • Peru
  • Venezuela
  • Ecuador
  • Bolivia
  • Falklands/Malvinas
  • Historic M&A
    • Scope of coverage
    • Implied Long-Term Oil Price Methodology

Tables and charts

This report includes 10 images and tables including:


  • Strategic fit of Latin American interests within the Majors' and Large Cap IOCs global portfolios
  • Implied Long-term Oil Price, deal-by-deal vs. Brent oil price (Latin America focused deals highlighted)
  • Weighted average ‘per barrel' acquisition costs
  • Share of global M&A
  • Implied Long-term Oil Price
  • Total resource traded
  • Buyers & Sellers 2012
  • Annual upstream M&A spend (by deal type)


  • Major Latin America focused deals in 2012
  • Trends in Latin America focused M&A

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898