Analysis of the key themes driving private equity deal activity reveals that lng accounted for 2 oil & gas deals announced in Q4 2023, worth a total value of $1.4bn. The $1bn acquisition of stake in Phillips 66 by Elliott Associates and Elliott International was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

Smarter leaders trust GlobalData

In value terms, lng-related deal activity remained flat in Q4 2023 compared with the previous quarter and as compared to Q4 2022. Related deal volume increased by 100% in Q4 2023 versus the previous quarter.

The top-ranked financial advisors supporting these private equity deals in Q4 2023 were Lakeshore Partners; Moelis & Co; Stocche, Forbes, Padis, Filizzola e Clapis with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in Q4 2023 were Lacaz Martins, Pereira Neto, Gurevich & Schoueri Advogados; Mattos Filho; White & Case with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

Data 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

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.