The value marked an increase of 468.3% over the previous quarter
M&A
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
Rockwell Automation acquires Fiix Inc., cloud software company
AI-Enabled computerized maintenance management system modernizes operations planning, management, and equipment failure prediction
Oil & gas bankruptcies, restructurings and mergers to continue in 2021
In an exclusive Q&A, Opportune Managing Director Gary Pittman compares this year’s market crisis to the price crash in 2014, and looks ahead to 2021
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
Global oil & gas industry deals total $9.68bn in January 2020
The value marked a decrease of 74.9% over the previous month and a drop of 74.3% when compared with the last 12-month average of $37.66bn
Global oil & gas industry deals total $78.46bn in Q4 2019
The value marked a decrease of 2.3% over the previous quarter and a drop of 34% when compared with the last four-quarter average of $119.37bn
Egyptian M&A 2020 outlook
The M&A activity in Egypt increased by nearly 286% from US$389 million in 2017 to US$1.5 billion in 2018, reaching US$1.6 billion in 2019
US oil & gas industry sees a drop of 11.7% in deal activity in January 2020
A total of 68 deals worth $4.46bn were announced in January 2020
Global oil & gas industry deals total $37.6bn in December 2019
In value terms, North America led the activity with deals worth $17.88bn