GlobalData report: Emphasis on maintaining capital discipline driving M&A activity in the oil and gas industry

  • Date: 08-Feb-2020
  • Source: Arabian Industry
  • Sector:Financial Markets
  • Country:UAE
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GlobalData report: Emphasis on maintaining capital discipline driving M&A activity in the oil and gas industry

Divestment appeared as prominent global trend among several oil and gas companies worldwide during 2019.. We are likely to see the UK, or European operators acquiring assets in the North Sea, or the US-based companies and oil majors targeting independent shale drillers.". In 2019, companies also announced their exits from projects that generate high carbon emissions, or are located in ecologically sensitive areas..