Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
How forced change will accelerate seismic shifts in
future upstream acquisition and divestiture
strategies?
The acceleration of the pace of the energy transition and a
myriad of accelerants have a consequential impact on the upstream
M&A market and the strategic decisions that companies are being
forced to undertake.
Russia's recent invasion of Ukraine is the latest accelerant of
forced change that has caused companies to react, including making
momentous divestiture decisions related to substantial upstream
holdings.
In addition to revolutionary geopolitical crises, upstream
players have had to grapple with other external evolutionary
transformative forces that have included a global pandemic,
investor-driven shifts in business models, extreme volatility in
commodity prices, and a quickening evolution to a lower-carbon
future, which have in combination created unparalleled pressure for
companies to urgently decide whether to be reactive or proactive in
their M&A strategies as they navigate the energy
transition.
How far and how fast do companies need to move? What strategies
will global integrated oil companies (GIOCs), NOCs, independent
E&Ps, PE players, and new entrants undertake to transform the
upstream M&A landscape?
As companies simultaneously react to fast-changing market
conditions, we believe that the upstream acquisition and
divestiture marketplace can also act as a proactive accelerator for
companies to seismically transform their portfolios in a complex,
rapidly evolving global energy industry.
