M&A activity in the North Sea has picked up again after a slow down in the wake of the oil price crash. Private equity has penetrated the market and provided the catalyst for multiple deals to be done.
Alasdair Green, Director and Head of E&P Strategy at Anderson Anderson Brown (AAB), spoke to Energy Voice at the Offshore Europe 2019 conference to offer some insight on this trend and others that are currently shaping deal making.
AAB’s Director and Head of Deal Origination Callum Gray also identified key trends on the supply side of the business, with particular focus on the need for greater efficiencies, collaboration and the transfer of skills as the energy transition progresses.