M&A Outlook – Who’s Selling? Who’s Buying?
Does the Total-Maersk deal signify new interest among the majors in buying upstream assets? Who needs to buy? What gaps and weaknesses do the majors have in their portfolios? Who can buy? Do the majors have sufficient financial slack to do deals? And if not, who else might enter the fray? What sort of assets are on offer? Where might we expect to see consolidation and asset churn? Where does US shale fit into all this? Are there opportunities here for the majors to expand their portfolios? Jim Washer, EI Executive Editor is joined by Monica Enfield, Director, Energy Intelligence Research & Advisory and Noah Brenner, Senior Corporate Reporter.