Led by $4.14bn private equity deal with Koninklijke DSM, Europe’s oil & gas industry saw a drop of 9.39% in cross border deal activity during Q2 2022, when compared to the last four-quarter average, 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.

 

A total of 41 cross border deals worth $7bn were announced for the region during Q2 2022, against the last four-quarter average of 45.25 deals.

Of all the deal types, M&A saw most activity in Q2 2022 with 26 deals, representing a 63.4% share for the region.

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.

In second place was private equity with eight deals, followed by venture financing deals with seven transactions, respectively capturing a 19.5% and 17.1% share of the overall cross border deal activity for the quarter.

In terms of value of cross border deals, private equity was the leading category in Europe’s oil & gas industry with $4.14bn, while M&A and venture financing deals totalled $2.65bn and $208.94m, respectively.

Europe oil & gas industry cross border deals in Q2 2022: Top deals

The top five oil & gas cross border deals accounted for a 98.6% share of the overall value during Q2 2022.

The combined value of the top five cross border deals stood at $6.91bn, against the overall value of $7bn recorded for the quarter.

1) Advent International and Lanxess $4.14bn private equity deal with Koninklijke DSM

2) The $2.39bn acquisition of Perstorp Holding by Petronas Chemicals Group

3) FMC $200m acquisition deal with BioPhero

4) The $150m venture financing of Carbon Clean Solutions by AXA Investment Managers,Cemex Ventures Espana SLU,Chevron Technology Ventures,Marubeni,Samsung Ventures Investment,Saudi Aramco Energy Ventures,TransCanada PipeLines and Wave Equity Partners

5) Tenaz Energy $26.77m acquisition deal with SDX Energy