Receive our newsletter – data, insights and analysis delivered to you
  1. Deals Analysis
September 27, 2021

Oil & Gas industry deals total $12.2bn globally in August 2021

By Nikitha Ladda

Total oil & gas industry deals worth $12.2bn were announced globally for August 2021, with the $2.56bn acquisition of Sinclair Oil & Gas and Sinclair Transportation 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 41.8% over the previous month of $20.97bn and a drop of 36.6% when compared with the last 12-month average of $19.25bn.

In terms of number of deals, the sector saw a drop of 18.58% with 92 deals in August 2021 when compared to the last 12-month average of 113 deals.

In value terms, North America led the activity with deals worth $6.23bn in August 2021.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager

oil & gas industry deals in August 2021: Top deals

The top five deals accounted for 78.3% of the overall value during August 2021.

The combined value of the top five deals stood at $9.55bn, against the overall value of $12.2bn recorded for the month.

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

1) Holly Energy Partners and HollyFrontier $2.56bn acquisition deal with Sinclair Oil & Gas and Sinclair Transportation

2) The $2.55bn acquisition of Scotland Gas Networks by Brookfield Super-Core Infrastructure Partners and Ontario Teachers’ Pension Plan

3) Chesapeake Energy $2.2bn acquisition deal with Vine Energy

4) The $1.3bn acquisition of OxitenoIndustria E Comercio by Indorama Ventures

5) BC Partners Fund XI and CPP Investment Board European Holdings $942.61m private equity deal with CeramTec

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy