Insight
M&A market update: October 2017 - damp squib
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)
Table of contents
- 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
What's included
This report contains:
Other reports you may be interested in
Insight
Benchmarking the Middle East NOCs against the Supermajors
Benchmarking ADNOC, QatarEnergy and Saudi Aramco against the Supermajors in upstream, downstream, CCUS, hydrogen and renewables
$1,350
Insight
US upstream week in brief: Q1 2024 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350
Asset Report
Pompano
Pompano, comprising Pompano I (VK 990), Pompano II (MC 28) and Amethyst (MC 26), is a large shelf-edge oil field that straddles the ...
$3,100