Total oil & gas industry M&A deals worth $9.4bn were announced globally in January 2022, led by Enterprise Products Partners‘ $3.25bn acquisition of Navitas Midstream Partners, according to GlobalData’s deals database.
Go deeper with GlobalData
- 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 67.1% over the previous month of $5.62bn and a drop of 32.2% when compared with the last 12-month average, which stood at $13.84bn.
Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $7.75bn. At the country level, the US topped the list in terms of deal value at $7.75bn.
In terms of volumes, North America emerged as the top region for oil & gas industry M&A deals globally, followed by Europe and then Asia-Pacific.
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.
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 GlobalDataThe top country in terms of M&A deals activity in January 2022 was the US with 22 deals, followed by the China with four and Germany with four.
In 2022, as of January, oil & gas M&A deals worth $9.39bn were announced globally, marking an increase of 25.6% year on year.
oil & gas industry M&A deals in January 2022: Top deals
The top five M&A deals accounted for 79.9% of the overall value during January 2022.
The combined value of the top five oil & gas M&A deals stood at $7.5bn, against the overall value of $9.4bn recorded for the month.
The top five oil & gas industry M&A deals of January 2022 tracked by GlobalData were:
1) Enterprise Products Partners $3.25bn acquisition deal with Navitas Midstream Partners
2) The $2.65bn acquisition of Chief E&D Holdings and Tug Hill by Chesapeake Energy
3) Enerflex $735m acquisition deal with Exterran
4) The $568.56m acquisition of 10% stake in Globaltek and Yakutskaya Toplivno-Energeticheskaya Kompaniya PAO by Zhejiang Energy International
5) Saudi Automotive Services $292.93m acquisition of 80% stake in Naft Services
