Mergers & acquisitions activity in the UK oil and gas sector is expected to continue in 2018, however it is not expected to match the levels reached in 2017.
In its 2018 Business Outlook released on Tuesday, Oil & Gas UK looked at the big mergers and acquisitions in the past year.
Oil and Gas UK said that, as confidence in the UKCS increased and the futures market stabilized, valuations between prospective buyers and sellers began to converge, enabling a wave of M&A activity.
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