Fuelling the recovery: A Review of outbound oil & gas M&A activity from China
A Review of Outbound Oil & Gas M&A Activity from China
Almost 80% of mainland China based oil and gas corporates believe oil and gas transactions will increase in the next 12 months.
Australasian transactions are expected to account for some 11% of outbound oil and gas M&A due to its abundance of offshore gas resourcest
These are two of the findings from a survey of Chinese O&G executives interviewed in the second quarter of April and June 2010. Respondents were asked to give their opinions on a number of issues, including the key opportunities and challenges that businesses in the sector face in the current trading environment.
For an historical review of Chinese outbound E&R investment activity, as well as current macroeconomic drivers, regulatory assessments of different jurisdictions click here.