Oil & gas divestitures, midstream consolidation, and PE deals to drive 1H M&A – North America Natural Resources Trendspotter

Last year’s gusher of mega-deals by oil and gas majors, including Diamondback’s [NASDAQ:FANG] USD 28.1bn acquisition of Endeavor Energy Resources, could prompt a slew of divestitures, industry experts told Mergermarket. The midstream and oilfield services sectors will also continue to consolidate. Oil and gas M&A volume in 2024 reached USD 173.9bn, or 51.2% of North ...