Cut your deal according to your cloth
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
Spending capital on M&A ‘the exception’ for now, experts say
Mergers and acquisitions (M&A) are almost completely off the table in the oilfield services (OFS) sector, investment experts have said.
Deloitte to join discussion at P&J mergers and acquisitions event
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.
Due diligence expert to chair M&A debate
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.
Strong, but not stable sums up M&A activity in 2019
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.
‘This cannot continue’: OGA ready to wield powers to conquer transaction drag
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.
Energy transition influence on M&A strategies grows
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.
Aberdeen deal activity – an honest assessment
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 formally launches sale of Spirit Energy – report
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.
Consolidation the answer for bloated supply chain, Simmons boss says
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.
Oilfield services transactions at lowest level since 2014 oil price crash – KPMG
Growing optimism in the oil and gas sector has failed to date to deliver a lift in oilfield services (OFS) transactions, according to KPMG.
The North Sea in 2019 – an era of transition?
New levels of North Sea upstream deal activity in 2019 are giving us many reasons to be positive and optimistic about the future.
Private equity fuels oil and gas deals in second quarter
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.
Video: North Sea acquisitions market to stay ‘hot’, experts say at EV event
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.
Oil price rise stimulates deals activity
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 M&A ground to a halt in the first quarter
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.
Oilfield services sector can expect further M&A growth this year, EY says
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.
Tough task for dealmakers in ‘sluggish’ upstream market, Woodmac says
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.
M&A deals caught in ‘paralysis’ of oil price uncertainty
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.
M&A deals on the rise for global oil and gas
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.
Exxon boss says size doesn’t matter in M&A
The world’s biggest public energy company doesn’t worry about size when it comes to potential deal-making.
Grant Thornton reports increase in M&A activity
Aberdeen is seeing an increase in mergers and acquisitions activity as confidence returns to the offshore energy sector, according to Grant Thornton.
Opinion: Private players still finding it difficult to get deals done
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.
Top ‘dealmaker’ AAB says M&A activity recovering
Chartered accountant and business advisor Anderson Anderson and Brown (AAB), of Aberdeen, has topped a list of Scottish “dealmakers” for a 12th consecutive year.
INEOS grabs up remaining Engie E&P interests
Chemical multinational INEOS has acquired Engie E&P's onshore licences, bringing its total acerage to 1.2million acres.