Total oil & gas industry deals worth $10.5bn were announced globally for May 2021, with the $2.93bn acquisition of Alta Marcellus Development and Ard Operating being the sector’s biggest investment, 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.

The value marked a decrease of 54.2% over the previous month of $22.97bn and a drop of 46.5% when compared with the last 12-month average of $19.68bn.

In terms of number of deals, the sector saw a drop of 14.42% with 89 deals in May 2021 when compared to the last 12-month average of 104 deals.

In value terms, North America led the activity with deals worth $7.33bn in May 2021.

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.

Oil & Gas industry deals in May 2021: Top deals

The top five deals accounted for 75.1% of the overall value during May 2021.

The combined value of the top five deals stood at $7.9bn, against the overall value of $10.5bn recorded for the month.

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

1) EQT’s $2.93bn acquisition of Alta Marcellus Development and Ard Operating

2) The $2.1bn acquisition of Ferro by Prince International

3) Kinder Morgan’s $1.23bn acquisition of Stagecoach Gas Services

4) The $1.06bn acquisition deal of Japan Synthetic Rubber Spin-off Preparation by ENEOS

5) Petroleos Mexicanos‘ acquisition deal with Deer Park Refining for $596m.