Tight inventory of deepwater assets driving prices higher
40% of global shallow-water oil/gas assets located for sale in Europe Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. “Low oil prices have significantly reduced operator spending on exploration—particularly in the deepwater, which is very costly,” […]
Tight inventory of deepwater assets driving prices higher Read More »