Ministry brass to meet PE firms in Mumbai-I: Is the mood turning?
The petroleum ministry brass, lead by Dharmendra Pradhan, is wooing a select group of private equity funds to invest in the oil & gas sector in India today. 8In this occasion, the website has deemed it fit to discuss the current status of equity oil and M&A in the oil & gas sector not just in India but across the world. 8There is a consensus that the fog is lifting on the M&A landscape in oil and gas sector even though the picture still remains hazy. 8The total value of global M&A deals in the first half of 2017 was three times that of the same period in 2017 8Recent M&A activities are centered around Canadian oil fields and North Sea oil but the focus could well be shifting to other places around the world. 8With the mood turning, IOCs, large oil field services companies, and private equity are expected to become active buyers. Click on Reports for more