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.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.