In 2023, the upstream industry reported some 87 M&A deals with a value of more than 100 million U.S. dollars each. This was notably lower than the number of mergers and acquisitions recorded earlier that decade.
Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value
(in billion U.S. dollars)
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DOB Energy. (January 9, 2024). Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy. "Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars)." Chart. January 9, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy. (2024). Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy. "Number of Mergers and Acquisitions (M&a) Deals in The Upstream Oil and Gas Industry Worldwide in Select Years from 2009 to 2023, by Deal Value (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jan 2024, https://www.statista.com/statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy, Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/ (last visited November 22, 2024)
Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars) [Graph], DOB Energy, January 9, 2024. [Online]. Available: https://www.statista.com/statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/