U.S. mergers, acquisitions soar in 1998

Preliminary data on U.S. upstream acquisitions for 1998 reveal a record activity level for the second year in a row, says Randall & Dewey Inc., Houston. In a report released before the merger plans of Exxon Corp.-Mobil Corp. and Total-Petrofina SA were announced, Randall & Dewey said it was expecting 1998 transaction volumes to double the adjusted 1997 volume of $23.9 billion, due in large part to the BP-Amoco deal (OGJ, Aug. 17, 1998, p. 34). But, given the Exxon-Mobil and Total-Petrofina mergers, among others, the yearend total will reveal an even greater year-to-year increase. Deals announced in third quarter 1998 brought the 9-month total to $37.7 billion, said Randall & Dewey....

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected