Report
Oil and Gas Industry M&A Update for FY’2021
This report reviews M&A activity in the oil and gas industry during FY2021, a year marked by ongoing uncertainty from successive COVID-19 variants, including Delta and Omicron. Although global vaccination efforts supported economic recovery and energy demand, recurring outbreaks and new virus strains continued to disrupt markets and delay confidence in a sustained return to normalcy. Despite these challenges, the oil and gas sector experienced renewed strategic activity as companies adapted to changing market conditions, fluctuating energy prices, evolving demand patterns, and the global energy transition. M&A transactions were driven by efforts to strengthen portfolios, improve operational efficiency, consolidate assets, and capitalize on recovery opportunities. The report highlights the
