Table of Contents
1 Table of Contents
1 Table of Contents… 6
1.1 List of Tables… 8
1.2 List of Figures… 9
2 Oil and Gas Deal Landscape and Recent Trends - Introduction… 10
2.1 Research Report Guidance… 10
3 Introduction to Deals… 11
3.1 Deal Fundamentals… 11
3.1.1 Key Players Involved… 11
3.1.2 Deal Rationale… 11
3.1.3 Stages in Deal Execution… 11
3.2 Merger… 12
3.2.1 Example - Exxon-Mobil Merger, 1999… 12
3.3 Acquisition… 13
3.3.1 Friendly Acquisition: Example – Exxon Mobil's Acquisition
of XTO , 2010… 13
3.3.2 Hostile Acquisition: Example – KNOC’s hostile bid for
Dana Petroleum, 2010… 14
3.3.3 Reverse Takeover… 14
3.4 Joint Venture… 15
3.4.1 Example: BP, Exxon Mobil and Imperial Oil enter Into a
Joint Venture Agreement, 2010… 15
3.5 Asset Transaction… 16
3.5.1 Asset Types… 16
3.5.2 The Yukos Case: An Example of Asset Value Fluctuations
Due to Legal Complications… 17
3.5.3 The Asherxino Corporation in the Niger Delta: An Example of
Exploited Strategic Value of Assets… 17
3.6 Equity Offering… 17
3.6.1 Initial Public Offering: Example - Petrobras IPO, 2010… 17
3.7 Debt Offering… 18
3.7.1 Petrochina’s Debt Offering, 2010… 19
3.8 Private Equity… 19
3.9 Venture Capital… 19
4 Deal Trends in the Oil and Gas Industry… 20
4.1 Scope of the Analysis… 20
4.1.1 Choice of Parameters… 20
4.1.2 Total Deal Capital Exchanged… 20
4.1.3 Average Deal Capital… 20
4.1.4 Number of Deals… 21
4.2 Deal Analysis by Year… 21
4.2.1 Trends Involving Total Deal Capital Exchanged… 21
4.2.2 Trends Involving Average Deal Capital… 28
4.2.3 Trends Involving Number of Deals… 35
4.3 Deal Analysis by Sector… 42
4.3.1 Key Trends and Significant Deal Types in the Upstream
Sector… 44
4.3.2 Key Trends and Significant Deal Types in the Midstream
Sector… 47
4.3.3 Key Trends and Significant Deal Types in the Downstream
Sector… 49
4.3.4 Key Trends and Significant Deal Types in the Equipment
and Services Sector… 52
4.4 Deal Analysis by Deal Type… 55
4.4.1 Key Trends and Significant Sectors in Mergers and
Acquisitions… 55
4.4.2 Key Trends and Significant Sectors in Asset Transactions… 57
4.4.3 Key Trends and Significant Sectors in Joint Ventures… 59
4.4.4 Key Trends and Significant Sectors in Equity Offerings… 61
4.4.5 Key Trends and Significant Sectors in Debt Offerings… 63
4.4.6 Key Trends and Significant Sectors in Private Equity… 65
4.4.7 Key Trends and Significant Sectors in Venture Capital… 67
5 Influence of Global Events… 69
5.1 The Global Economic Recession… 69
5.1.1 Relationship with the Oil and Gas Industry… 69
5.1.2 Effects on the Deal Landscape… 70
5.2 The Gulf of Mexico Oil Spill… 71
5.2.1 Significant After-Effects… 71
5.2.2 Key Players Affected… 71
6 Major Recent Deals… 72
 
List of Tables

1.1 List of Tables
Table 1: Total Deal Capital Exchanged by Year, Global, $bn,
2004-2010… 22
Table 2: Debt Offerings, Total Deal Capital Exchanged by Year,
Global, $bn, 2004-2010… 23
Table 3: Equity Offerings, Total Deal Capital Exchanged by Year,
Global, $bn, 2004-2010… 24
Table 4: Mergers and Acquisitions, Total Deal Capital Exchanged
by Year, Global, $bn, 2004-2010… 25
Table 5: Asset Transactions, Total Deal Capital Exchanged by Year,
Global, $bn,  2004-2010… 26
Table 6: Private Equity, Total Deal Capital Exchanged by Year,
Global, $m, 2004-2010… 27
Table 7: Venture Capital, Total Deal Capital Exchanged by Year,
Global, $m, 2004-2010… 28
Table 8: Average Deal Capital by Year, Global, $m, 2004-2010… 29
Table 9: Equity Offerings, Average Deal Capital by Year, Global,
$m, 2004-2010… 29
Table 10: Mergers and Acquisitions, Average Deal Capital by Year,
Global, $m, 2004-2010… 30
Table 11: Asset Transactions, Average Deal Capital by Year,
Global, $m, 2004-2010… 31
Table 12: Venture Capital, Average Deal Capital by Year,
Global, $m, 2004-2010… 32
Table 13: Private Equity, Average Deal Capital by Year,
Global, $m, 2004-2010… 33
Table 14: Debt Offerings, Average Deal Capital by Year,
Global, $m, 2004-2010… 34
Table 15: Number of Deals by Year, Global, 2004-2010… 35
Table 16: Private Equity, Number of Deals by Year, Global,
2004-2010… 36
Table 17: Venture Capital, Number of Deals by Year, Global,
2004-2010… 37
Table 18: Joint Ventures, Number of Deals by Year, Global,
2004-2010… 38
Table 19: Debt Offerings, Number of Deals by Year, Global,
2004-2010… 39
Table 20: Equity Offerings, Number of Deals by Year, Global,
2004-2010… 40
Table 21: Mergers and Acquisitions, Number of Deals by Year,
Global, 2004-2010… 41
Table 22: Total Deal Capital Exchanged by Sector, Global,
$bn… 42
Table 23: Average Deal Capital by Sector, Global, $m… 43
Table 24: Upstream, Total Deal Capital Exchanged by Deal Type,
Global, $m… 44
Table 25: Upstream, Average Deal Capital by Deal Type, Global,
$m… 45
Table 26: Number of Upstream Deals by Deal Type, Global… 46
Table 27: Midstream, Total Deal Capital Exchanged by Deal Type,
Global, $m… 47
Table 28: Midstream, Average Deal Capital by Deal Type, Global,
$m… 49
Table 29: Downstream, Total Deal Capital Exchanged by Deal Type,
Global, $m… 50
Table 30: Downstream, Average Deal Capital by Deal Type, Global,
$m… 51
Table 31: Number of Downstream Deals by Deal Type, Global… 51
Table 32: Equipment and Services, Total Deal Capital Exchanged
by Deal Type, Global, $m… 52
Table 33: Equipment and Services, Average Deal Capital by Deal
Type,  Global, $m… 53
Table 34: Number of Equipment and Services Deals, Global… 54
Table 35: Mergers and Acquisitions, Total Deal Capital Exchanged,
Global, $bn… 55
Table 36: Mergers and Acquisitions, Average Deal Capital by Sector,
Global, $m… 56
Table 37: Asset Transactions, Percentage Share by Sector, Total
Deal Capital Exchanged, Global… 57
Table 38: Asset Transactions, Average Deal Capital by Sector,
Global, $m… 58
Table 39: Joint Ventures, Total Deal Capital Exchanged, Global,
$m… 59
Table 40: Joint Ventures, Global, Average Deal Capital by Sector,
$m… 60
Table 41: Equity Offerings, Total Deal Capital Exchanged, Global,
$bn… 61
Table 42: Equity Offerings, Average Deal Capital by Sector, Global,
$m… 62
Table 43: Debt Offerings, Total Deal Capital Exchanged, Global,
$bn… 63
Table 44: Debt Offerings, Average Deal Capital by Sector, Global,
$m… 64
Table 45: Private Equity, Total Deal Capital Exchanged, $bn… 65
Table 46: Private Equity, Average Deal Capital by Sector, Global,
$m… 66
Table 47: Venture Capital, Total Deal Capital Exchanged, Global,
$m… 67
Table 48: Venture Capital, Average Deal Capital by Sector,
Global, $m… 68
Table 49: Total Deal Capital Exchanged, Global, $bn… 70
Table 50: Hundred Costliest Deals, Sorted by Date, 2009-2010… 73
 
List of Figures

1.2 List of Figures
Figure 1: Total Deal Capital Exchanged by Year, Global, $bn,
2004-2010… 21
Figure 2: Debt Offerings, Total Deal Capital Exchanged by Year,
Global, $bn, 2004-2010… 22
Figure 3: Equity Offerings, Total Deal Capital Exchanged by Year,
Global, $bn,  2004-2010… 23
Figure 4: Mergers and Acquisitions, Total Deal Capital Exchanged
by Year, Global, $bn, 2004-2010… 24
Figure 5: Asset Transactions, Total Deal Capital Exchanged by Year,
Global, $bn,  2004-2010… 25
Figure 6: Private Equity, Total Deal Capital Exchanged by Year,
Global, $m, 2004-2010… 26
Figure 7: Venture Capital, Total Deal Capital Exchanged by Year,
Global, $m, 2004-2010… 27
Figure 8: Average Deal Capital by Year, Global, $m, 2004-2010… 28
Figure 9: Equity Offerings, Average Deal Capital by Year,
Global, $m, 2004-2010… 29
Figure 10: Mergers and Acquisitions, Average Deal Capital
by Year, Global, $m,  2004-2010… 30
Figure 11: Asset Transactions, Average Deal Capital by Year,
Global, $m, 2004-2010… 31
Figure 12: Venture Capital, Average Deal Capital by Year,
Global, $m, 2004-2010… 32
Figure 13: Private Equity, Average Deal Capital by Year,
Global, $m, 2004-2010… 33
Figure 14: Debt Offerings, Average Deal Capital by Year,
Global, $m, 2004-2010… 34
Figure 15: Number of Deals by Year, Global, 2004-2010… 35
Figure 16: Private Equity, Number of Deals by Year, Global,
2004-2010… 36
Figure 17: Venture Capital, Number of Deals by Year, Global,
2004-2010… 37
Figure 18: Joint Ventures, Number of Deals by Year, Global,
2004-2010… 38
Figure 19: Debt Offerings, Number of Deals by Year, Global,
2004-2010… 39
Figure 20: Equity Offerings, Number of Deals by Year, Global,
2004-2010… 40
Figure 21: Mergers and Acquisitions, Number of Deals by Year,
Global, 2004-2010… 41
Figure 22: Percentage Share by Sector, Total Deal Capital
Exchanged, Global… 42
Figure 23: Average Deal Capital by Sector, Global, $m… 43
Figure 24: Upstream, Percentage Share by Deal Type, Total Deal
Capital Exchanged, Global… 44
Figure 25: Upstream, Average Deal Capital by Deal Type, Global,
$m… 45
Figure 26: Number of Upstream Deals, Percentage Share by Deal Type,
Global… 46
Figure 27: Midstream, Percentage Share by Deal Type, Total Deal
Capital Exchanged, Global… 47
Figure 28: Midstream, Average Deal Capital by Deal Type,
Global… 48
Figure 29: Downstream, Percentage Share by Deal Type, Total Deal
Capital Exchanged, Global… 49
Figure 30: Downstream, Average Deal Capital by Deal Type, Global,
$m… 50
Figure 31: Number of Downstream Deals, Percentage Share by Deal Type,
Global… 51
Figure 32: Equipment and Services, Percentage Share by Deal Type,
Total Deal Capital Exchanged, Global… 52
Figure 33: Equipment and Services, Average Deal Capital, by Deal
Type, Global, $m… 53
Figure 34: Number of Equipment and Services Deals, Percentage
Share by Deal Type, Global… 54
Figure 35: Mergers and Acquisitions, Percentage Share by Sector,
Total Deal Capital Exchanged, Global… 55
Figure 36: Mergers and Acquisitions, Average Deal Capital by
Sector, Global, $m… 56
Figure 37: Asset Transactions, Percentage Share by Sector,
Total Deal Capital Exchanged, Global… 57
Figure 38: Asset Transactions, Average Deal Capital by Sector,
Global, $m… 58
Figure 39: Joint Ventures, Percentage Share by Sector, Total Deal
Capital Exchanged, Global… 59
Figure 40: Joint Ventures, Average Deal Capital by Sector, Global,
$m… 60
Figure 41: Equity Offerings, Percentage Share by Sector,
Total Deal Capital Exchanged, Global… 61
Figure 42: Equity Offerings, Average Deal Capital by Sector,
Global, $m… 62
Figure 43: Debt Offerings, Percentage Share by Sector,
Total Deal Capital Exchanged, Global… 63
Figure 44: Debt Offerings, Average Deal Capital by Sector,
Global, $m… 64
Figure 45: Private Equity, Percentage Share by Sector,
Total Deal Capital Exchanged, Global…65
Figure 46: Private Equity, Average Deal Capital by Sector,
Global, $m… 66
Figure 47: Venture Capital, Percentage Share by Sector,
Total Deal Capital Exchanged, Global… 67
Figure 48: Venture Capital, Average Deal Capital by Sector,
Global, $m… 68
Figure 49: Total Deal Capital Exchanged by Year, Global, $bn… 70

Summary

A leading business intelligence provider, has released its
latest research, “Oil and Gas Deal Landscape and Trends 2011 -
Increased Deal Activity Dominated by Debt Offerings”. The study,
which is an offering from the company’s Energy Research Group,
provides an in-depth analysis of the global oil and gas deal
landscape and highlights the various concerns and shifting trends.
The report provides a qualitative and quantitative analysis of the
prevalent deal types in all the sectors of the industry with relevant
examples and highlights the deal rationale, citing the strategic
incentives of the respective parties involved. The report provides
in-depth analysis of the key trends and challenges in the global
deal landscape. The report is built using data and information
sourced from proprietary databases, primary and secondary
research and in-house analysis by this team of industry experts.

The global energy crisis has dawned on the industry accompanied by
lowering Reserves-Production ratios and decreased production from
conventional sources, fields and wells. This has resulted in
presenting a scenario to the industry that is both a challenge as
well as an opportunity.

The challenge lies in developing better technology for enhancing
production from existing reserves as well as searching for alternative
sources of fuel and further following up the discoveries with supporting
technology. The opportunity lies in the rising prices and an increased
appetite for oil and gas, where a shrewd businessstrategy backed up by
an efficient production scheme can be extremely commercially gratifying.
The appetite has resulted in an exceeding interest in deals, both with a
strategic agenda and with a monetary incentive. The industry has begun
movement towards the increased pursuit of business synergies allowing for
the maximization of output, in an attempt to gear up for the strategic
and operational challenges and the possible volatile currents presented
by the global economy.

Scope

The report provides in-depth analysis of the major factors affecting
the offshore drilling industry in Asia Pacific. Its scope includes -
- Overview and analysis of the major deal types
- Analysis of major deals with an emphasis on deal rationale
- Quantitative trend analysis of the individual deal types and sectors
- Analysis of the influence of key global events on the global deal scenario
- Information about the costliest completed deals in the recent past

Reasons to buy

The report would provide you with additional perspective on the
global deal landscape assisting you in -
- Building business strategy with the help of specific insights on
the key incentives for the parties involved in various kinds of
deals
- Increasing future revenue and maximizing profitability by helping
you plan and budget future deals by providing information about deal
capital involved for several deal types across all the streams of
the industry.
- Timing deal execution by understanding how the global economy and
specific industry events affect the course of deals.

Single User Price : $3,500
Site License Price : $7,000
Enterprisewide Price (Global Site License) : $10,500

Disclaimer
All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form by any means, electronic, mechanical, photocopying, recording or otherwise,
without the prior permission of the publisher.

The facts of this report are believed to be correct at the time of publication but cannot be
guaranteed. Please note that the findings, conclusions and recommendations that the
publisher delivers will be based on information gathered in good faith from both primary
and secondary sources, whose accuracy we are not always in a position to guarantee.
As such the publisher accept no liability whatever for actions taken based on any
information that may subsequently prove to be incorrect.

To order this report, please send an email to mail@worldoils.com

----------------------------------------------------------------------------------------------------------------------------
Search words (for official use only) :
Oil and Gas Deal Landscape and Recent Trends
Introduction to Deals
Deal Trends in the Oil and Gas Industry
Key Trends and Significant Deal Types in the Midstream Sector
Total Deal Capital Exchanged
Trends Involving Total Deal Capital Exchanged
Key Trends and Significant Deal Types in the Upstream Sector
The Global Economic Recession
-----------------------------------------------------------------------------------------------------------------------------