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Southeast Asia’s Oil and Gas M&A Market Is Heating Up
Southeast Asia’s upstream M&A market is shifting from IOC exits to strategic expansion, with $9.6 billion of assets expected to be on offer through 2027.
Summary
Southeast Asia's upstream merger and acquisition (M&A) conversation has moved from which international oil companies (IOCs) are leaving to who is buying their way in. Research from Rystad Energy shows a competitive cycle ahead, with $9.6 billion in upstream assets on offer for the remainder of this year and 2027, as the region's deal market shifts from non-core exits to strategic entry.
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