M&A count by EIA shows value up, number of deals down

Offshore staff

WASHINGTON, D.C. – In 2Q 2015, there were larger amounts of oil company mergers and acquisitions by value since 4Q 2012, the US Energy Information Administration said.

While the $84-billion Shell/BG Group merger was a large part of the $115-billion M&A total for the quarter, the remaining $31 billion alone would have surpassed the $18 billion in 1Q 2015. That 1Q 2015 total, however, was the lowest since 2008, at least.

Contrary to the value total, the number of deals at 137 in 2Q 2015 was the lowest since 4Q 2008 and 42% less than the media quarter number of M&A deals for the past two years.


(Image and data courtesy US EIA)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...