The global value of transactions in the oil and gas sector decreased in 2019 amid debates on the energy transition | DoingBusiness.ro

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The global value of transactions in the oil and gas sector decreased in 2019 amid debates on the energy transition

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The global value of transactions in the oil and gas sector decreased in 2019 amid debates on the energy transition

ERNST & YOUNG SRL

3 Mar 2020

The global volume and value of transactions in the oil and gas industry decreased by 18.4% and 10.8% respectively in 2019

The value of transactions decreased by 10.8%, to USD 387.5 billion in 2019, and the volume of transactions decreased by 18% compared to the previous year
Portfolio rebalances tend towards downstream and gas assets

A significant part of the decrease was caused by the absence of large transactions in the midstream segment

For more information, please see the Romanian version of the article, here.

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ERNST & YOUNG SRL

ASSURANCE SERVICES Statutory audits; Audits of IFRS or US GAAP…

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Tags : transactions , oil and gas , downstream assets , midstream , Andy Brogan

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