March 18, 2020 at 7:53 pm
#37629
Tanaquil Chantrill
Participant
Thanks Korath, these are great points. We are in unprecedented times with the Corona Virus pandemic and the markets continuing to fall and of course the Oil Price War, having an outlook on future M&A activity in Oil and Gas with so many moving parts, is more challenging than ever. One theme that I think will continue to hold true is the majors and large oil and gas companies pushing to become Big Energy companies. In order to execute on this theme, one may see divesting of non-core oil and gas assets and businesses to allow for expanding into lower carbon assets and renewables as part of their portfolio.