Thursday, February 10, 2011

Top Oil and Gas Deals of 2010


Top 20 global deals by value – Multiple categories
  • Sale of a partial interest in one E&P company by another industry player, e.g., sale of 51% stake in Cairn India by Cairn Energy; Lukoil’s stock repurchase from ConocoPhillips; E.ON’s sale of 3.5% interest in Gazprom; and Shell’s divestiture of a 10% interest in Woodside
  • Chinese/Asian NOCs aggressively buying up global assets, in particular in South America e.g., parts of Repsol’s Brazil portfolio and  Pan American Energy, and elsewhere, e.g., ConocoPhillips’ interest in Syncrude project.
  • BP’s divestments for funding post-Macondo costs, including sale of interest in Pan American Energy and assets across three countries to Apache.
  • Unconventional and conventional acquisitions by Majors, including Atlas Energy by Chevron; Arrow Energy by Shell, Devon’s Brazil and Azerbaijan portfolio by BP.


Global map view of selected, key assets traded during 2010



We have also recently published a report for E&P Business Development and New Ventures professionals working on deals globally. This report provides information on $93 billion of global oil and gas assets on the market.
The report provides details on ~500 opportunities:
·         Assets for sale
·         Corporate M&A opportunities
·         JV opportunities
·         Exploration farm-ins

You can view a sample copy of this report at http://www.derrickpetroleum.com/reports2.html


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