Oil & Gas Mergers and Acquisitions: A lot of talk, much more action
The long-term potential of unconventional and deepwater energy assets attracted buyers of every sort back into the oil & gas M&A market in 2010, pushing the overall industry deal count to pre-recession levels. A recovering worldwide economy supports the industry's strong deal activity, as fears of a "double-dip" recession have faded. Stronger commodity prices and credit markets further support continued M&A activity.
- Financial and fundamentals within the industry are particularly strong
- Buyers include supermajors looking for high-potential assets, the Chinese and other international players and private equity funds
- Overall, deal count in the industry rose 12% in 2010 to 443, while value increased 25% to $227 billion
Learn more about Deloitte's M&A and Oil & Gas Services
Read more in the year-end report attached below, to see what M&A is saying about the business now and in the future.
As used in this document, ‘Deloitte’ means Deloitte LLP (and its subsidiaries). Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.