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Market Research Report

M&A in Oil and Gas - Thematic Research

Published by GlobalData Product code 765967
Published Content info 17 Pages
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M&A in Oil and Gas - Thematic Research
Published: January 2, 2019 Content info: 17 Pages
Description

In the last five years, Mergers and Acquisitions (M&A) played an important role in helping oil and gas companies survive through one of the most severe downturns in the industry. Oil prices plummeted from $100 a barrel in 2014 to around $30 in 2016, eroding revenues for companies across the oil and gas value chain and leaving thousands of people unemployed. Falling revenues and rising debts compelled oil and gas companies to realign their strategic objectives and reshape their portfolios, leading to a large number of M&A deals.

Oil and Gas companies executed around 10,000 M&A deals in the five years to November 2018. Many more deals were proposed, but these could not be executed due to factors such as shortage of finances and regulatory hurdles. More than 60% of the deals that were completed were in the upstream sector.

The shale patches in the US and the oil and gas fields in the North Sea continental shelf featured prominently in these upstream deals. Oil majors, especially Total, ExxonMobil, Chevron, Equinor, and Shell, were involved in a number of deals as they acquired companies and assets at attractive valuations, while also offloading the ones that could impact profitability.

The slowdown in upstream activity due to low oil prices drastically impacted the equipment and services sector, as oil and gas companies scaled back their operations and postponed expansion plans, thereby reducing the number of opportunities for oil field service providers. To survive through the downturn, the equipment and services sector also witnessed a large number of M&A deals, although considerably lower than the deal count in the upstream sector.

In the last year, as oil prices have averaged around $65, the oil and gas industry has gradually started recovering from the downturn. Oil and gas companies are expected to begin increasing their capital expenditures, which could generate even more M&A deals in the next few years.

The report "M&A in Oil and Gas - Thematic Research", offer in-depth research into a Mergers and Acquisitions (M&A) theme within the Oil & Gas industry. It identify winners and losers based on leadership, market position and other factors.

Scope

  • The report analyses the impact of M&A as a theme on the oil & gas industry.
  • The report discusses how M&A deals have benefitted oil and gas companies in realigning their business operations to survive through the oil price crash.
  • The report evaluates M&A deals in oil and gas industry and highlights the key developments across the various sectors within the industry
  • The report also identifies potential acquisition targets that are aligned towards one or more specific themes in the oil and gas industry.

Reasons to buy

  • To understand the major trends in the M&A theme and their bearing on the oil and gas industry.
  • To gain an outlook on the major deals undertaken by oil and gas companies across various sectors.
Table of Contents
Product Code: GDOG-TR-S016

Table of Contents

M&A TRENDS IN THE OIL AND GAS INDUSTRY 3

POTENTIAL ACQUISITION TARGETS OVER THE NEXT TWO YEARS 4

  • Upstream sector 4
  • Midstream sector 5
  • Downstream sector 5
  • Equipment and services sector 6

M&A ACTIVITY OVER THE LAST FIVE YEARS 7

  • Upstream activities 7
  • Midstream activities 9
  • Downstream activities 11
  • Equipment and services sector 13

APPENDIX: OUR "THEMATIC" RESEARCH METHODOLOGY 16

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