Reply To: Acquisitions in 2021

#38415
Ian Smith
Participant

Hi All,

O&G specifically is a good one – agree consolidation is needed. This will likely be the NOC’s / drillers and value producers than the major IOC’c as they are even stating how they are winding down production and spending on more greener energy production, opposed to fuel production.
The energy sector as a whole will see another wave soon and specifically Solar and on-shore Wind will have the highest in deals and a knock-on-effect to power infrastructure (Storage, T&D) will follow.

Cheers,
IanS

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