$5 Billion In Upstream Assets Is Up For Grabs In Southeast Asia ...Middle East

OILPRICE - Economy
$5 Billion In Upstream Assets Is Up For Grabs In Southeast Asia
source : OILPRICE ( Middle East ) () 40
Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than $5 billion of assets up for grabs, Rystad Energy research shows. The bulk of these opportunities are in Indonesia, where upwards of $2 billion of assets are on the market, followed by Malaysia and Vietnam which have approximately $1.4 billion and $1 billion for sale respectively. About $700 million of deals have already been completed in the region so far in 2023, the strongest start to Southeast Asia’s upstream M&A activity…

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