Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Companies / South Korea

Lower Oil Prices Create Acquisition Opportunities For Oil-Hungry Seoul

October 2011 | Industry News

Oil and gas M&A activity, particularly from cash-rich Asian state-run companies, is set to pick up over the coming months after the recent fall in oil prices. In particular, we expect KNOC to acquire stakes in existing upstream projects.

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