Welligence North America Q3 2026 M&A Quarterly | Offshore Canadian M&A activity takes off

North America saw five transactions in Q3 2026. Activity comprised two deals in the US GoA, two in the Canadian oil sands, and one offshore Canada. Deal-making has accelerated into Q4, with three transactions already announced across offshore Canada and the oil sands. Deal activity was spread across the US GoA and Canada, with transactions ranging from mature producing assets to undeveloped resources.