View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Deals Analysis
March 1, 2019updated 15 Mar 2019 6:26am

Oil & gas M&A deals for January 2019 total $11.64bn in United States

Total oil & gas M&A deals worth $11.64bn were announced in the United States during January 2019, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked an increase of 998.1% over the previous month and a drop of 52% when compared with the last 12-month average of $24.24bn.

The United States held a 58% share of the global oil & gas M&A deal value that touched $20.07bn in January 2019.

In terms of deal activity, the United States recorded 50 deals during January 2019, marking an increase of 22% over the previous month and a drop of 29.6% over the 12-month average.

Oil & gas M&A deals for January 2019: Top deals

The top five oil & gas M&A deals accounted for 90.9% of the overall value in the sector globally during January 2019.

The combined value of the top five oil & gas M&A deals stood at $10.58bn, against the overall value of $11.64bn recorded for the month. The top announced oil & gas M&A deal tracked by GlobalData in January 2019 was the $9bn merger of Entegris and Versum Materials.

In second place was Chevron ‘s asset transaction with Petrobras America for $562m and in third place was SemCAMS Midstream’s $449m acquisition of Meritage Midstream .

ArcLight Capital Partners ‘ $328m asset transaction with Sempra Energy and Kirby ‘s asset transaction with Cenac Marine Services for $244m held fourth and fifth positions, respectively.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology