Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value
(in billion U.S. dollars)
Value of deals
Over 100 million U.S. dollars
Over 50 million U.S. dollars
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In 2023, the upstream industry reported some ** M&A deals with a value of more than 100 million U.S. dollars each. This was notably lower than the number of mergers and acquisitions recorded earlier that decade.
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DOB Energy. (January 9, 2024). Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy. "Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars)." Chart. January 9, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy. (2024). Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy. "Number of Mergers and Acquisitions (M&a) Deals in The Upstream Oil and Gas Industry Worldwide in Select Years from 2009 to 2023, by Deal Value (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Jan 2024, /statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
DOB Energy, Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/ (last visited August 01, 2026)
Number of mergers and acquisitions (M&A) deals in the upstream oil and gas industry worldwide in select years from 2009 to 2023, by deal value (in billion U.S. dollars) [Graph], DOB Energy, January 9, 2024. [Online]. Available: /statistics/1471981/global-number-deals-oil-gas-mergers-acquisitions/
