AsianOil: Southeast Asia set for $5bn of M&A action in next two years

Southeast Asia is expected to see significant mergers and acquisitions (M&A) activity in the upstream sector over the next two years, according to research by Rystad Energy, with over $5bn worth of assets available for purchase. The majority of these opportunities are in Indonesia, with around $2bn worth of assets available, followed by Malaysia and Vietnam, which have approximately $1.4bn and $1bn worth of assets for sale respectively. Fiscal and regulatory frameworks are said to play a significant role in encouraging M&A activity, with recent changes in Malaysia, Indonesia and Thailand boosting interest from energy majors and other new regional buyers.

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