The merger and acquisition (M&A) activity within the North Sea has surpassed $8billion in 2017, an indication that confidence is gradually returning to the North Sea.
In a newly released video from PWC, Drew Stevenson, Adrian Del Maestro and Neil Leppard discussed the recent M&A environment and trends and alluded to a potential upsurge in fortunes for the oil and gas market.
Oil and gas producers should see an increase in deals this year as cheap crude prices and limited funding options force debt-saddled energy companies to sell assets, according to consultant IHS.
