In the South and Central America oil & gas industry, there were 31 M&A deals announced in Q1 2023, worth a total value of $1.4bn, according to GlobalData’s Deals Database. The $586.3m acquisition of new fortress energy by golar lng 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 South and Central America decreased by 7% in Q1 2023 compared with the previous quarter’s total of $1.5bn and fell by 65% as compared to Q1 2022. Related deal volume decreased by 6% in Q1 2023 versus the previous quarter and was 23% 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.