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