In 2023,the total number of global oil and gas resources M&A deals was only 201,basically reaching the lowest level in 20 years.However,the total amount of M&A deals was more than $233.5 billion,the highest value since 2012.Global oil and gas M&A market in 2023 was characterized by such four aspects as the deal value in North America reached a record high,and the number of deals in Russia-Central Asia was close to the lowest in history,the overall amount of M&A of various international oil companies increased and international oil giants had initiated many"super M&A",the evaluation oil prices of M&A deals was at a record high since 2014,showing the different from the trend of international oil prices,and the North American region's non-conventional assets mergers and acquisitions activities remained active and the amount of transactions of shale oil-related assets hit a record high.Looking ahead to 2024,it is expected that the oil and gas M&A market will continue to be active,international oil companies will begin to optimize their"post-merger"asset portfolios,and national oil companies may increase their purchase of upstream assets.
global oil and gas resourcesmerger and acquisition transactionsinternational oil companiesgeographical riskevaluation of oil prices