Data & analytics solutions

Insight 02 November 2017

Get this report

$1,350

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

Report summary

Q4 is historically the busiest time for M&A, but October was an inauspicious start. Deal count of 30 was the lowest October deal count since 2008; deal spend of US$7.4 billion was down 60% year-on-year and down 70% on the five-year October average prior to the downturn. Of the announced deals, October encapsulated in microcosm some of the recent trends in upstream M&A: Majors returning to growth; IOCs repositioning to focus on core North America unconventional plays; a new wave of buyers moving in to exploit underinvested assets. In this M&A monthly market update: • A review of upstream M&A trends • A summary of the month’s biggest announced deals • Commentary on the current Deal Pipeline (potential / rumoured deals)

The month in brief
Announced deals
- Trends
- Headline deals: announced
- North America
- Rest of the World
Deal Pipeline
- Headline additions
- Notable updates
Appendix

Tables and charts

This report includes 10 images and tables including:

Weighted average Implied Long-Term Oil Price vs. Brent oil price
No. of deals in Pipeline by region/resource
Value of deals in Pipeline by region/resource

Monthly spread between Brent and the Implied Long-Term Oil Price vs. deal count vs. deal spend
Monthly deal count North America vs. ROW
Monthly deal spend North America vs. ROW
Monthly deal count by region ROW
Monthly deal spend by region ROW
Implied Long-Term Oil Price (deal by deal) vs. Brent oil price
Global M&A – October 2017