Total oil & gas industry deals worth $27.5bn were announced globally for November 2022, with Brookfield Renewable Partners and MidOcean Energy’s $11.9bn acquisition deal with Origin Energy 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 an increase of 55.7% over the previous month of $17.69bn and a rise of 6.5% when compared with the last 12-month average of $25.85bn.

In terms of number of deals, the sector saw a drop of 8.06% with 194 deals in November 2022 when compared to the last 12-month average of 211 deals.

In value terms, Asia-Pacific led the activity with deals worth $12.72bn in November 2022.

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

Oil & Gas industry deals in November 2022: Top deals

The top five deals accounted for 78.1% of the overall value during November 2022.

The combined value of the top five deals stood at $21.51bn, against the overall value of $27.5bn recorded for the month.

The top five oil & gas industry deals of November 2022 tracked by GlobalData were:

1) Brookfield Renewable Partners and MidOcean Energy’s $11.9bn acquisition deal with Origin Energy

2) The $4.4bn acquisition of Howden Group by Chart Industries

3) Marathon Oil’s $3bn asset transaction deal with Ensign Natural Resources

4) The $1.55bn acquisition of Lario Permian by Diamondback Energy

5) Cool’s $660m asset transaction deal with Quantum Crude Tankers