Europe’s oil & gas industry saw a drop of 7.32% in deal activity during April 2021, when compared with the last 12-month average, led by NB Renaissance Partners’ $433.67m acquisition of SICIT 2000, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 38 oil & gas industry deals worth $1.4bn were announced for the region in April 2021, against the 12-month average of 41 deals.

Of all the deal types, M&A saw most activity in April 2021 with 34 transactions, representing an 89.5% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was private equity with two deals, followed by venture financing deals with two transactions, respectively capturing a 5.3% and 5.3% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Europe’s oil & gas industry with $934.04m, while private equity and venture financing deals totalled $433.67m and $4.69m, respectively.

Europe oil & gas industry deals in April 2021: Top deals

The top five oil & gas deals accounted for 82.2% of the overall value during April 2021.

The combined value of the top five oil & gas deals stood at $1.13bn, against the overall value of $1.4bn recorded for the month.

The top five oil & gas industry deals of April 2021 tracked by GlobalData were:

1) NB Renaissance Partners’ $433.67m private equity deal with SICIT 2000

2) The $389.92m merger deal with Navigator Holdings and Ultragas

3) Shearwater GeoServices Holding’s $127.5m asset transaction with Tiger Moth

4) The $120m asset transaction with Okeanis Eco Tankers by State Oilof the Azerbaijan Republic

5) Hexpol’s acquisition of Union De IndustriasS.A. for $57.1m.