Analysis of the key themes driving M&A activity reveals that artificial intelligence accounted for 7 oil & gas deals announced in Q2 2023, worth a total value of $48.6m. The $28.9m acquisition of Jersey Oil and Gas by Neo Energy Upstream was the industry’s largest disclosed deal. GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals report for Q2 2023 uncovers key trends behind the oil & gas market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
Smarter leaders trust GlobalData
In value terms, artificial intelligence-related deal activity decreased by 18% in Q2 2023 compared with the previous quarter’s total of $59m. Related deal volume increased by 133% in Q2 2023 versus the previous quarter and was 600% higher than in Q2 2022.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Brigard & Urrutia; Claro y Cia; CR & F Rojas Abogados with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
