WoodMac sees Oz M&A figure reach A$37 billion

UPSTREAM operators are tightening their belts to deal with the fallout of the oil price crash and the pandemic, but Wood Mackenzie analysis predicts the energy transition could have a far larger impact and propel up to A$37 billion worth of Australian assets into the market.

WoodMac sees Oz M&A figure reach A$37 billion WoodMac sees Oz M&A figure reach A$37 billion WoodMac sees Oz M&A figure reach A$37 billion WoodMac sees Oz M&A figure reach A$37 billion WoodMac sees Oz M&A figure reach A$37 billion

 

It noted Thursday $13 billion worth of assets have already been put on the market, as companies place a renewed emphasis on portfolio rationalisation and deleveraging balance sheets, getting