Tuesday 28 March 2023

Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than $5 billion of assets up for grabs, Rystad Energy research shows. The bulk of these opportunities are in Indonesia, where upwards of $2 billion of assets are on the market, followed by Malaysia and Vietnam which have approximately $1.4 billion and $1 billion for sale respectively.

About $700 million of deals have already been completed in the region so far in 2023, the strongest start to Southeast Asia’s upstream M&A activity since 2019.

Fully story here.