LONDON, January 25, 2012 /PRNewswire/ --
85.7% of respondents believe A&D activities will increase in 2012
In December 2011, Oil & Gas IQ launched a global study polling A&D professionals on their thoughts on the current A&D landscape and where opportunities for new business lie. Among the findings are that 85.7% of respondents believe acquisition and divestiture activities will increase in the coming year.
Acquisition and divestiture is an important part of the European oil and gas industry. With the last few years' economic instability it's more important than ever for exploration and production companies to stay on top of their portfolios.
Some of the reasons for this influx in activity mentioned in the survey include smaller companies lacking finance and large companies finally getting around to shedding smaller non-core packages.
The full survey report is available to download free of charge from the Acquisition & Divestiture download centre at http://www.acquisitiondivestituresummit.com/Survey.
The oil and gas industry's key players in acquisition & divestiture will be gathering for the at IQPC's 10th Annual Acquisition & Divestiture Summit in May with one common goal; to raise their profiles, explore opportunities and build relationships in order to create fast moving and profitable deals that deliver real value to oil and gas businesses.
For more information about the upcoming Acquisition & Divestiture Summit visit http://www.acquisitiondivestituresummit.com/News or phone +44 (0)207 368 9300.
IQPC provides business executives around the world with tailored practical conferences, large scale events, topical seminars and in-house training programs, keeping them up-to-date with industry trends, technological developments and the regulatory landscape. IQPC produces more than 1,500 events annually around the world, and continues to grow. IQPC leverages a global research base of best practices to produce an unrivalled portfolio of conferences. http://www.iqpc.com.