Top 10 Financial Advisors in Oil & Gas Industry in the World in 2021 by Deal Value

The Goldman Sachs Group Inc, Citigroup Inc, JPMorgan Chase & Co, Barclays Plc, and Morgan Stanley are among the top 5 financial advisors in the oil & gas industry in 2021 by deal value. In terms of the geographic split, 8 out of 10 of the world’s top 10 financial advisors in the oil & gas industry are headquartered in North America, whereas the remaining 2 are based in Europe. They employed a total of 1,109,370 people in 2021. Vitol Holding BV-Vivo Energy deal was one of the major deals in the oil & gas sector in 2021. HSBC and Brunswick LLP acted as financial advisors, while Akin Gump LLP and Bowmansis were the legal advisors to Bidco. Vitol Investment Partnership II Limited, an investment vehicle of Vitol Group, through its wholly-owned indirect subsidiary BidCo Ltd, has reached an agreement to acquire the remaining 64% stake in Vivo Energy plc, a downstream petroleum company. The transaction had an equity value of $1,472 million and an enterprise value of $1,809 million. The deal was completed in Q2 2022. Vermilion Energy-Equinor Energy Ireland deal was another major deal in the oil & gas sector in 2021. Scotiabank, TD Securities Inc, and RBC Capital Markets are acting as financial advisors and Torys LLP and Matheson are acting as legal advisors to Vermilion in the transaction. Vermilion Energy Inc, an oil and gas company, has entered into an agreement to acquire Equinor Energy Ireland Limited from Equinor ASA, for a purchase consideration of $434 million ($556 million), before closing adjustments and contingent payment. The deal is expected to be completed in Q4 2022.