Baku, Azerbaijan, March 5 / Trend /
The past few years have seen high numbers of oil and gas joint ventures (JVs) being entered into, particularly in the upstream sector, where the cost, risk and technology issues clearly favor a collaborative approach on the largest projects. There was a decline in the number of JVs announced in 2009, which could be a result of companies focusing on cost-cutting and maintaining funding for existing projects as opposed to starting new projects.
Click here to download latest full version of the National Oil Company Monitor - Q4 2009 prepared by Ernst & Young Global Oil & Gas Center.
EY's reviews global oil and gas transactions in 2009. In this report we look at some of the main trends in oil and gas merger and acquisition activity in the last 12 months and consider the outlook for deal activity across the sector in 2010.
Click here to download Global oil and gas transactions review-2009 prepared by Ernst & Young Global Oil & Gas Center.