FT - Big oil groups around the world have revealed the damage to their operations and balances sheets in the latest earnings season from the halving of the oil price since last year. The next wave of mergers will come as soon as the volatile crude price begins to stabilise.
The FT's US Energy Editor Ed Crooks identifies the predators and what kind of companies they are looking to buy.
Considering that O&G companies are reviewing their assets and implementing new strategies to deal with falling oil prices, experts think numerous transactions and M&A activities are expected to take place this year. What are your views? Leave a comment below.
Stay up to date with the latest from Gastech News. Subscribe to the newsletter here.
Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.