A total of 52 deals worth $4.7bn were announced for the region during Q4 2020, against the last four-quarter average of 39 deals
GlobalData
US oil & gas industry M&A deals total $54.76bn in Q3 2020
The US held a 46.4% share of the global oil & gas industry M&A deal value that totalled $117.93bn in Q3 2020
Major oil and gas EPC players are aligning strategies for energy transition
GlobalData says that EPCs are looking to clean energy sectors for future growth, due to the turbulence caused by the coronavirus pandemic, and the general movement among oil and gas producers towards a cleaner energy mix
COVID-19 could force constrained Eastern Mediterranean gas production until 2023, says GlobalData
The report notes that production out of mega fields like Zohr are constrained due to diminished demand
Gas to liquids process can help monetize stranded and flared gases, says GlobalData
A key opportunity for the GTL market is in the landlocked countries with significant natural gas production
AR has potential to disrupt future oil and gas operational functions
Worth nearly $4bn in 2018, the global AR market is expected to reach $76bn by 2030
Global oil & gas industry M&A deals total $23.95bn in Q2 2020
The value increased 114.2% over the previous quarter, but a drop of 68.8% compared to the previous four-quarter average
Most COVID-19 impacted midsize US oil operators have primarily liquid-rich operations
Primary commodity type determines level of impact by the crisis on US midsize companies’ operations, GlobalData says
MENA LNG companies likely to put off upcoming projects due to economic slowdown
The cascading impact of global LNG supply overhang coupled with reduced demand may lead companies to withhold or delay their capital spends on upcoming multi-billion-dollar gas projects, says GlobalData