UK firm Penspen inks 37 new contacts worth £39.8 million in Q2
UK energy services firm Penspen has signed a clutch of deals £39.8 million worth during the second quarter of this year.
UK energy services firm Penspen has signed a clutch of deals £39.8 million worth during the second quarter of this year.
Opportunities abound for mergers and acquisitions across energy-hungry Asia Pacific nations, as majors, such as Chevron, Shell, and ExxonMobil, seek to exit or rationalise their upstream portfolios.
To describe the last few months as a challenging period for the energy sector would be an understatement.
Anderson Anderson and Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q2 2020 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
A renewed optimism in oil and gas will drive M&A activity forward in the new year, a top north-east dealmaker has said.
There was plenty of dealmaking in the energy sector last year, but most acquisitions were smaller and the pace of so-called mega deals slowed significantly.
Dealmakers in the oil and gas sector believe the recent deregulatory environment will drive more M&A activity, with new capital poised to flow in, according to a recent survey conducted by Merrill Corporation, a leading provider of virtual data rooms, regulatory disclosure services, and regulated communications. This survey was conducted as part of Merrill’s ongoing webinar series on M&A across various segments, and included industry experts plus nearly 300 dealmakers.
Exploration and production companies merging and acquiring one another usually grab the headlines and sit front of mind against the backdrop of a low oil price environment.
Deal-making in the oil industry is about to jump.