As of 2020, 13 merger and acquisition deals were made in the African upstream oil and gas sector. The amount declined by 40 percent in comparison to the previous year, as an effect of the falling demand among the coronavirus (COVID-19) pandemic and the low oil prices. In 2019, the number of deals had already decreased compared to previous years. For instance, 35 M&A deals were done in the African oil sector in 2015 and 2017.
Number of merger and acquisition (M&A) deals in the upstream oil and gas sector in Africa from 2015 to 2020
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PwC. (November 1, 2020). Number of merger and acquisition (M&A) deals in the upstream oil and gas sector in Africa from 2015 to 2020 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1201641/number-of-oil-and-gas-merger-and-acquisition-deals-in-africa/
PwC. "Number of merger and acquisition (M&A) deals in the upstream oil and gas sector in Africa from 2015 to 2020." Chart. November 1, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1201641/number-of-oil-and-gas-merger-and-acquisition-deals-in-africa/
PwC. (2020). Number of merger and acquisition (M&A) deals in the upstream oil and gas sector in Africa from 2015 to 2020. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1201641/number-of-oil-and-gas-merger-and-acquisition-deals-in-africa/
PwC. "Number of Merger and Acquisition (M&a) Deals in The Upstream Oil and Gas Sector in Africa from 2015 to 2020." Statista, Statista Inc., 1 Nov 2020, https://www.statista.com/statistics/1201641/number-of-oil-and-gas-merger-and-acquisition-deals-in-africa/
PwC, Number of merger and acquisition (M&A) deals in the upstream oil and gas sector in Africa from 2015 to 2020 Statista, https://www.statista.com/statistics/1201641/number-of-oil-and-gas-merger-and-acquisition-deals-in-africa/ (last visited December 22, 2024)
Number of merger and acquisition (M&A) deals in the upstream oil and gas sector in Africa from 2015 to 2020 [Graph], PwC, November 1, 2020. [Online]. Available: https://www.statista.com/statistics/1201641/number-of-oil-and-gas-merger-and-acquisition-deals-in-africa/
