Innovation: Making deals happen in North Sea Oil and Gas M&A

United Kingdom
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What has become clear from recent completed, signed and attempted transactions in the North Sea upstream M&A is that innovative solutions are required in order to overcome hurdles which have prevented deals from signing or closing in the past, particularly as regards closing value gap, financing and decommissioning. The traditional approach will not be workable in many cases and we have seen and been involved closely in more innovative approaches in 2016 and to date in 2017.