M&A deals within the global gas industry are in full swing. Industry consulting firm Wood Mackenzie notes that in the first half of this year, the industry spent more than 32 billion US dollars on gas projects, the highest level in more than a decade. The data shows that this year, the average premium for upstream transactions focused on natural gas was 21%, the highest since 2013. The biggest deal in the first half of the year was Shell's acquisition of Canadian shale oil producer ARC Resources for $16.4 billion. This is also Shell's biggest deal since it bought BG ten years ago.
Zhitongcaijing · 2d ago
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M&A deals within the global gas industry are in full swing. Industry consulting firm Wood Mackenzie notes that in the first half of this year, the industry spent more than 32 billion US dollars on gas projects, the highest level in more than a decade. The data shows that this year, the average premium for upstream transactions focused on natural gas was 21%, the highest since 2013. The biggest deal in the first half of the year was Shell's acquisition of Canadian shale oil producer ARC Resources for $16.4 billion. This is also Shell's biggest deal since it bought BG ten years ago.
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