In the Indian oil & gas industry, there were 8 M&A deals announced in Q1 2023, worth a total value of $71.2m, according to GlobalData’s Deals Database. The $64.4m acquisition of unison enviro by mahanagar gas was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in India decreased by 63% in Q1 2023 compared with the previous quarter’s total of $191.3m and fell by 46% as compared to Q1 2022. Related deal volume decreased by 20% in Q1 2023 versus the previous quarter and was 43% lower than in Q1 2022.

For further understanding of GlobalData's Oil and Gas Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.