Zhamal Orazbayeva (Head of Economics, ERCE Asia Pacific) zorazbayeva@erce.energy

Nicholas Lee (Graduate Economist, ERCE Asia Pacific) nlee@erce.energy

Welcome to ERCE’s Global Upstream M&A Tracker

ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over Q4 2021.

Global M&A: At a Glance

ERCE had recorded 42 deals with a total reported deal value of approximately US$30bn since the Q3-21 edition of the M&A tracker was released.

7 deals crossed the US$1bn mark: Aker BP’s acquisition of Lundin’s E&P business, Continental’s purchase of Pioneer’s Delaware Basin assets, NEO’s acquisition of JX Nippon’s UK assets, ConocoPhillip’s pre-emption of 10% of APLNG from Origin, MedcoEnergi’s acquisition of ConocoPhillip’s stake in the Corridor PSC, Carmo Energy’s acquisition of Sergipe assets from Petrobras, and Sval Energi’s acquisition of Spirit Energy’s Norwegian Business.

Read the full report for more analysis and Global Upstream M&A Metrics. 

About ERCE Asia Pacific

ERCE is the leading employee-owned Energy evaluation firm with global expertise and knowledge dating back 45 years with offices in London and Australia. Our in-house team comprises of Geoscience, Engineering, Commercial, Facilities, Cost Estimation and Economics professionals. We work for exploration & production companies (from small boutique to super majors), the finance community, and legal institutions. ERCE is involved in technical projects ranging from oil & gas exploration and appraisal through to brownfield opportunity identification & decommissioning, reserves and resource audits, M&A evaluation, commercial valuation and analysis and dispute processes.

Disclaimer

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