Top 10 Financial Advisors in Oil & Gas Industry in the World in 2021 by Deal Volume
Citigroup Inc, Energy Advisors Group Inc, The Goldman Sachs Group Inc, Barclays Plc, and Rothschild & Co SCA are among the top 5 financial advisors in the oil & gas industry in 2021 by deal volume. In terms of the geographic split, 8 out of 10 of the world’s top 10 financial advisors in the oil and gas industry are headquartered in North America, whereas the remaining 2 are based in Europe. They employed a total of 740,422 people in 2021. The Ontario Teachers' Pension-Abu Dhabi Investment Authority deal was one of the major deals in the oil & gas sector in 2021. Morgan Stanley and Credit Suisse served as financial advisors to SSE, while Nomura served as the exclusive financial advisor to ADIA. Ontario Teachers’ Pension Plan Board (Ontario Teachers’) and Brookfield Super-Core Infrastructure Partners LP (Brookfield) have agreed to acquire a 50% stake in Scotland Gas Networks Ltd (SGN) from SSE Plc and Abu Dhabi Investment Authority (ADIA), for a cash consideration of £1,898.5 million. Under the transaction, Ontario Teachers’ will acquire an additional 12.5% stake and Brookfield will acquire a 37.5% stake in SGN. In the transaction, SSE has divested its 33.3% stake for £1.286 billion in cash and ADIA will divest its 16.7% stake for £612.5 million. The Vitol Holding-Vivo Energy deal was another major deal in the oil & gas sector in 2021. HSBC and Brunswick LLP served as financial advisors to Bidco, while J.P. Morgan Cazenove, Rothschild & Co, and Numis Securities served as financial advisors to Vivo Energy. 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 has an equity value of $1,472 million and an enterprise value of $1,809 million. Vitol to Acquire Remaining 64% Stake In Vivo Energy for $1.81 Billion. The deal was completed in Q2 2022.