Keep Eye On Unconventional Plays, Aggressive NOC Spending, IOC Restructuring

摘要

Wood Mackenzie's Upstream M&A Service report '2010 in Review and the Outlook for 201 1 ' shows that U.S. shale gas in particular had an exceptional year in 2010 - continuing a steady increase in deal activity over the last five years - with acquisition spend amounting to US$39 billion, equivalent to 21% of all global M&A activity. Furthermore there was a year on year increase in Canadian oil sands-related spend, with notable acquisitions by Total, BP, Devon and the Asian NOCs.