In this edition of our Global Oil and Gas M&A Outlook, we examine and evaluate current trends for commodities prices, leading sector indicators, valuation developments, M&A deals conducted and developments on featured specialty subsectors during Q3 2023.
Top insights for this edition are detailed below
Despite the challenging conditions caused by elevated interest rates and the risk of recession in the U.S. and the Eurozone, index performance levels have grown YoY. The S&P 500 has grown 19.6% and the Dow Jones has grown 16.6%, while MSCI China and Europe are up 2.9% and 25.4%.
The LNG market continues to be heavily impacted by Russia’s war on Ukraine which has heightened demand from the European continent while global supply has remained stagnant.
The LNG market will face upward pricing pressure, especially in winter, when Europe and East Asian LNG demand may turn inelastic.
In Q3 2023, global M&A activity registered a total of 154 deals with a disclosed value of $56.0 billion (bn).
The Kroll Oil and Gas team understands the idiosyncrasies of the global sector and provides the following insights through this report: (i) project and structured commodity finance advisory and asset-based lending advisory; (ii) joint venture audits, financial joint venture management and the preparation of cost certificates; (iii) valuation of exploration and production assets, commercial contracts, etc; and (iv) the development or tariff/rate models for midstream and downstream assets.
We hope you find this report helpful in understanding the current trends in the global oil and gas sector. If you would like to receive further information or discuss any of the findings, please contact us.
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