Analysis of the key themes driving M&A activity reveals that lng accounted for 13 oil & gas deals announced in Q2 2023, worth a total value of $1.5bn. The $1.3bn majority acquisition of GasLog Partners by GasLog was the industry’s largest disclosed deal. GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals report for Q2 2023 uncovers key trends behind the oil & gas market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, lng-related deal activity decreased by 6% in Q2 2023 compared with the previous quarter’s total of $1.6bn and fell by 34% as compared to Q2 2022. Related deal volume increased by 18% in Q2 2023 versus the previous quarter.
The top-ranked financial advisors supporting these M&A deals in Q2 2023 were DNB Bank; Evercore; Morgan Stanley with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Latham & Watkins; Cravath, Swaine & Moore; Gibson, Dunn & Crutcher with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in Q2 2023 – Thematic Intelligence buy the report here.