AsiaPac M&A to be concentrated in SEAsia: WoodMac

WOOD Mackenzie sees M&A activity strongest in Southeast Asia with the upstream sector possibly hitting up to US$14 billion in 2019 after a start that saw Murphy Oil sell off its Southeast Asian assets to Thailand’s PTTEP. 

AsiaPac M&A to be concentrated in SEAsia: WoodMac AsiaPac M&A to be concentrated in SEAsia: WoodMac AsiaPac M&A to be concentrated in SEAsia: WoodMac AsiaPac M&A to be concentrated in SEAsia: WoodMac AsiaPac M&A to be concentrated in SEAsia: WoodMac

Sub-region edges out Australasia as IOCs divest and NOCs bring in the specialists 

Not noted by WoodMac is the combined US$650 million sale of ConocoPhillips' and Shell's shares of the Greater Sunrise gas field to the Timor-Leste government, which completed last week.