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May 10, 2022

Revealed: top and emerging locations for M&A deals in the oil & gas industry

New figures from GlobalData reveal the top countries for mergers and acquisitions in the most recent quarter

By Data Journalism Team

New figures released by GlobalData have shed light on the top locations for mergers and acquisitions in the oil & gas industry.

The data shows that M&A activity is strongest in the US, which saw a total of 18 deals announced in the most recent quarter (2022 Q1). That’s up from 13 deals announced in the previous quarter (2021 Q4).

Russia also performed well over the most recent quarter, with 12 deals (up from one in 2021 Q4).

Which countries are emerging as M&A powerhouses?

Recent months have also seen an uptick in M&A deals in India. The country has seen 15 deals announced over the last two complete quarters, up from an average of nine deals every six months between 2019 and 2021. That's the largest increase in M&A dealmaking in the oil & gas industry for any country.

Despite being a top location for M&A dealmaking in the oil & gas industry, the US has had a difficult few months, with just 28 deals announced in the last two complete quarters. That's a decrease compared the country's average of 46 deals announced every six months between 2019 and 2021, and the sharpest decrease in M&A dealmaking in the oil & gas industry experienced by any country in recent months.

Globally, the situation is looking distinctly positive for mergers and acquisitions in the oil & gas industry. A total of 128 deals were announced in the last quarter, up from 125 deals in the previous quarter and from an average of 103 deals per quarter over the previous three years.

GlobalData's deals database

GlobalData tracks the performance and activities of more than 675,000 companies in over 200 countries around the world.

The data analytics firm's deals database includes the details of approximately one million deals, ranging from mergers and acquisition to venture capital financing, equity offerings, and debt offerings.

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