Total oil & gas industry M&A deals worth $5.3bn were announced in Europe in November 2022, led by Chart Industries’ $4.4bn acquisition of Howden Group, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 365.5% over the previous month of $1.13bn and a drop of 6.9% when compared with the last 12-month average of $5.65bn.

Europe held a 19.89% share of the global oil & gas industry M&A deal value that totalled $26.45bn in November 2022. With a 17.47% share and deals worth $4.62bn, the UK was the top country in Europe’s M&A deal value across oil & gas industry.

In terms of M&A deal activity, Europe recorded 36 deals during November 2022, marking an increase of 24.14% over the previous month and a drop of 5.26% over the 12-month average. The UK recorded nine deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Europe oil & gas industry M&A deals in November 2022: Top deals

The top five oil & gas industry M&A deals accounted for 96.1% of the overall value during November 2022.

The combined value of the top five oil & gas deals stood at $5.05bn, against the overall value of $5.3bn recorded for the month.

The top five oil & gas industry M&A deals of November 2022 tracked by GlobalData were:

1) Chart Industries’s $4.4bn acquisition deal with Howden Group

2) The $330m acquisition of Total E&P Dunga by Oriental Sunrise

3) Yildirim Group’s $170m asset transaction deal with Elementis

4) The $121m asset transaction for Two Aframax Vessels by Navios Maritime Partners

5) Shandong Weifang Rainbow Chemical’s $33.44m acquisition deal with Exclusivas Sarabia