Total oil & gas industry M&A deals worth $10.3bn were announced globally in May 2021, led by EQT’s $2.93bn acquisition of Alta Marcellus Development and Ard Operating, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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 8.7% over the previous month of $9.51bn and a drop of 28.9% when compared with the last 12-month average, which stood at $14.54bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $7.16bn. At the country level, the US topped the list in terms of deal value at $6.85bn.

In terms of volumes, North America emerged as the top region for oil & gas industry M&A deals globally, followed by Europe and then Asia-Pacific.

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.

The top country in terms of M&A deals activity in May 2021 was the US with 26 deals, followed by the Canada with seven and China with four.

In 2021, as of May, oil & gas M&A deals worth $58.41bn were announced globally, marking an increase of 148.6% year on year.

oil & gas industry M&A deals in May 2021: Top deals

The top five M&A deals accounted for 76.4% of the overall value during May 2021.

The combined value of the top five oil & gas M&A deals stood at $7.9bn, against the overall value of $10.3bn recorded for the month.

The top five oil & gas industry M&A deals of May 2021 tracked by GlobalData were:

1) EQT’s $2.93bn acquisition of Alta Marcellus Development and Ard Operating

2) The $2.1bn acquisition of Ferro by Prince International

3) Kinder Morgan’s $1.23bn acquisition of Stagecoach Gas Services

4) The $1.06bn acquisition of Japan Synthetic Rubber Spin-off Preparation by ENEOS

5) Petroleos Mexicanos‘ acquisition of Deer Park Refining for $596m.