Innovation will be increasingly important to companies trying to do deals in the North Sea once prices start to rebound, CMS’ managing partner in Aberdeen, Norman Wisely, has said.
mergers and acquisitions
Mergers and acquisitions (M&A) are almost completely off the table in the oilfield services (OFS) sector, investment experts have said.
A power and energy storage expert at Deloitte has been announced as the second speaker to address the P&J’s business breakfast on mergers and acquisitions (M&A) next month.
Experienced due diligence expert and partner at big four firm Deloitte, Shaun Reynolds, will chair a discussion on Mergers and Acquisitions (M&A) at a P&J business breakfast next month.
In a highly political year, defined by Brexit and climate change and culminating in a general election, you will forgive me for corrupting a slogan from our former prime minister to describe the last 12 months.
The UK oil and gas industry’s regulator is ready to wield its powers to tackle the “transaction drag” hindering efforts to get oilfields into the right hands.
Climate change and the target of achieving net zero carbon emissions by 2035 is having a significant impact on the energy sector, and that trend will continue for the foreseeable future.
I was asked to present a view on deal flow in Aberdeen. Not a bland “it’s getting better, albeit still challenging” comment, but something more realistic, perhaps more honest, based on what we’re seeing in the day-to-day.
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.
The recovery of the north-east’s oil and gas industry has not been “spectacular” despite a flurry of M&A activity in the first six months of the year, an industry expert has said.
Growing optimism in the oil and gas sector has failed to date to deliver a lift in oilfield services (OFS) transactions, according to KPMG.
New levels of North Sea upstream deal activity in 2019 are giving us many reasons to be positive and optimistic about the future.
Oil and gas transactions have remained steady throughout Q2 2019 with significant activity among operators as the focus continues to be on the divestment of non-core assets.
The North Sea will be a hotbed of merger and acquisition (M&A) activity if the oil price holds up, the audience heard at a bumper breakfast event in Houston today.
Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share with you our quarterly Deals+ update for Q1 2019 in conjunction with Energy Voice, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK.
Oil and gas deals ground to a halt in early 2019, plummeting to a 10-year low after the collapse in crude prices at the end of last year.
Global oil and gas total deal value increased by $79.7bn during 2018 to reach $426.8bn, despite a decrease of 18% in deal volume.
Volatile oil prices are hindering global M&A deals by creating uncertainty, widening the asset valuation gap between buyer and seller, and making companies re-think their strategies, analysts said.
Uncertainty created by volatile oil prices “paralysed” a number of North Sea asset deals at the end of 2018, a top energy sector investor said.
A total of £34.3billion-worth of merger and acquisition deals were carried out in upstream oil and gas in the third quarter of the year.
The world’s biggest public energy company doesn’t worry about size when it comes to potential deal-making.
Aberdeen is seeing an increase in mergers and acquisitions activity as confidence returns to the offshore energy sector, according to Grant Thornton.
2017 was the third full year of the most protracted downturn in the global oil and gas industry but was generally considered to be no worse than the previous two. Despite initial optimism at the beginning of the year, the industry remained flat with operators keeping a tight rein on spending notwithstanding a steady increase in commodity prices throughout the year.
Chartered accountant and business advisor Anderson Anderson and Brown (AAB), of Aberdeen, has topped a list of Scottish “dealmakers” for a 12th consecutive year.
Chemical multinational INEOS has acquired Engie E&P's onshore licences, bringing its total acerage to 1.2million acres.