Oil, gas deal tracker: M&A activity slowed significantly in November | Hellenic Shipping News Worldwide
Oil, gas deal tracker: M&A activity slowed significantly in November Large-scale oil and gas M&A deal-making tapered off significantly in November following a tidal wave of consolidation activity in October. During the month, the sector announced 32 whole-company and minority-stake deals, which compared to 34 in November 2019. The combined value of the November 2020 deals rose year over year from $3.07 billion to $4.86 billion, but still fell far short of October’s $32.14 billion. The aggregate value of announced asset transactions increased over 100% from $443 million to $1.00 billion, and...