GLOBAL OIL&GAS DEALS
OGFJ - Global oil and gas deal activity in 2016 recovered from a slow start to the year with help from the announcements of midstream and oilfield services (OFS) megadeals. According to the EY Global oil and gas transaction review 2016, deal value increased in 2016 to US$395 billion from US$340 billion in 2015, while deal volume fell by 27% year-on-year.
Andy Brogan, EY Global Oil & Gas Transactions Leader, said: "Transactions took a back seat to the more urgent task of adapting to new economic realities…
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