LCC Asia Pacific’s Post

Our Firm's commitment to the Australian engineering, industrial services and technology sectors reinforced by edition 550 of our weekly research being publicly released. We have been proud of the track record we have accumulated over 20 years of operation in working in this sector - and look forward to the next milestones. #engineering #industrial #technology #miningservices #automation #robotics #predictiveanalytics #maintenance #ironore #coal #hydrogen #renewables #renewableenergy #battery #recycling #energy #defence #maritime #construction #infrastructure #mergers #investmentbanking #research #mergersacquisitions #corporateadvisory #corporatefinance #debt #equity #privateequity #venturecapital #australia #asia #lbo #mbo #ceo #cfo #chairman #industrialservices #acquisitions #data #hv #electricalengineering #energytransition #electricalservices #engineeringcesign #environment

ADNOC Group is pursuing expansion internationally through targeted strategic mergers and acquisitions to become world’s leading chemicals player for low carbon petrochemicals, ammonia, and hydrogen production. The ADX-listed company is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.90 billion) including debt. As the world grapples with a transition toward sustainable energy sources, ADNOC positions itself at the forefront of this transition, seeking to capitalise on emerging markets and innovative technologies within the chemicals sector. One of the most significant moves in ADNOC's strategic expansion is its interest in Covestro, a prominent German chemicals company known for its production of plastics and industrial chemicals used in construction and engineering. https://lnkd.in/g7xWiZUC ADNOC Group Covestro #acquisition ExxonMobil Michele Fiorentino #internationalexpansion Borouge #polyolefins OMV Gas Borealis #petrochemicals

#Omani state #energy group OQ aims to raise as much as $2 billion from the initial public offering (IPO) of its E&P unit that plans to boost its #hydrocarbon investments and grow its #oilandgas output. #corporatestrategy #macroeconomics #ipo

🚨 Big News in the Energy Sector! 🚨 Abu Dhabi’s ADNOC Group is set to acquire German chemicals firm Covestro for a massive $16 billion, marking its largest-ever acquisition. This deal, valued at 62 euros per share, includes taking on 3 billion euros of debt and is a key move in ADNOC’s strategy to expand its petrochemical, gas, and renewable energy portfolio. Dr. Sultan Ahmed Al Jaber, ADNOC’s Managing Director and CEO, highlighted Covestro’s cutting-edge capabilities in high-tech specialty chemicals and AI-driven technologies, aligning with ADNOC’s growth vision to become a top 5 global chemicals company. Read more: 🔗 Reuters - https://lnkd.in/dtPbYGZ3 🔗 Covestro press release - https://lnkd.in/dvQNhA7B #ADNOC #Covestro #EnergyTransition #Petrochemicals #RenewableEnergy #AI #Hydrogen #Sustainability #BusinessTransformation

🚀 The Pulse of Biogas: Mergers and Acquisitions in the UK and EU 🌱 In the ever-evolving world of renewable energy, the biogas sector within the UK and EU is seeing a significant transformation. Mergers and acquisitions (M&A) are not just reshaping the market landscape but also driving innovation and growth. Having been part of the recruitment industry, I've witnessed first-hand how these consolidations are bringing forth exciting opportunities and challenges. Just recently, we saw GreenGas UK merging with BioPower EU, creating a formidable entity poised to lead the market in sustainable energy solutions. This move is expected to boost output by 30%, according to industry reports. Such mergers are pivotal as they combine technical expertise, operational efficiencies, and increased financial resources, allowing companies to scale up and enhance their impact on the environment. It's fascinating to observe how these M&As are also creating a ripple effect on talent acquisition. The need for skilled professionals in engineering, project management, and sustainability roles is skyrocketing. My company has been instrumental in connecting top-tier talent with expanding and forward-thinking organisations. It's an exciting time to be part of this green revolution! What are your thoughts on the current M&A trends in the biogas sector? 🌍💡 ✔️ #Biogas #RenewableEnergy #UKJobs

Omani OQ E&P Arm to Ramp Up Investment Post $2B IPO Omani state energy group OQ aims to raise as much as $2 billion from the initial public offering (IPO) of its E&P unit that plans to boost its hydrocarbon investments and grow its oil and gas output. OQEP’s operating expenditure per barrel for the remaining life — a proxy for lifting cost — ranks at the lower end at $9.40/boe. This is above Aramco’s $3.40/boe and PTTEP’s $8.10/boe figures, but below that of peers such as Occidental Petroleum at $15.70/boe and Aker BP’s $13.20/boe. https://lnkd.in/eKe6bsRV #Oman #OQ #IPO

🚀 The Pulse of Biogas: Mergers and Acquisitions in the UK and EU 🌱 In the ever-evolving world of renewable energy, the biogas sector within the UK and EU is seeing a significant transformation. Mergers and acquisitions (M&A) are not just reshaping the market landscape but also driving innovation and growth. Having been part of the recruitment industry, I've witnessed first-hand how these consolidations are bringing forth exciting opportunities and challenges. Just recently, we saw GreenGas UK merging with BioPower EU, creating a formidable entity poised to lead the market in sustainable energy solutions. This move is expected to boost output by 30%, according to industry reports. Such mergers are pivotal as they combine technical expertise, operational efficiencies, and increased financial resources, allowing companies to scale up and enhance their impact on the environment. It's fascinating to observe how these M&As are also creating a ripple effect on talent acquisition. The need for skilled professionals in engineering, project management, and sustainability roles is skyrocketing. My company has been instrumental in connecting top-tier talent with expanding and forward-thinking organisations. It's an exciting time to be part of this green revolution! What are your thoughts on the current M&A trends in the biogas sector? 🌍💡 ✔️ #Biogas #RenewableEnergy #UKJobs

State-owned Abu Dhabi National Oil Co, or ADNOC, has been pursuing a series of merger and acquisition deals with European companies, with an aim to diversify and develop its chemicals and renewable energy operations. Here's a piece summarizing the deals ADNOC is involved in. Written alongside Isabel Demetz

Big moves are happening in the energy sector! Adnoc is on the verge of acquiring Covestro AG for a staggering €14.4 billion, marking its most significant international expansion to date. This landmark deal reflects Adnoc’s commitment to diversifying its portfolio and embracing the future of sustainable materials. By stepping into the chemicals space, Adnoc isn't just betting on growth; it's positioning itself as a key player in a world increasingly focused on eco-friendly innovations. Covestro’s expertise in high-performance polymers, combined with Adnoc’s resources, promises to reshape the global chemicals landscape. However, challenges like regulatory approvals and integration complexities loom large. The upcoming weeks will be pivotal. Will Adnoc successfully navigate these hurdles to redefine its identity? Only time will tell, but one thing is certain: the energy sector is watching closely! #Adnoc #Covestro #EnergyTransition #Sustainability

Assessing M&A activity for late May to Early June (May 27 - June 2), it's apparent that although deal volume has had a slight 3% decrease with 466 transactions, there was a significant 115% surge in deal value, totaling USD 50.71 billion. The transition into June has unveiled a landscape characterized by fewer, yet substantially larger strategic deals. This may suggest intensifying efforts to harness synergies and capitalize on new opportunities: ✅ Oil giants combining forces - ConocoPhillips' USD 22.50 billion acquisition of Marathon Oil expands its shale assets as demand outlook remains robust. ✅ Telecoms bolstering rural connectivity - T-Mobile's USD 4.40 billion purchase of US Cellular's wireless operations aims to enhance its nationwide coverage. ✅ Building out energy infrastructure - Energy Transfer's USD 3.25 billion deal for WTG Midstream strengthens its Permian Basin pipelines. ✅ Pharmas diversifying through M&A - Merck acquires EyeBio's eye-focused medications portfolio for USD 3.00 billion to mitigate revenue declines. ✅ Renewables attracting infrastructure funds - Energy Capital Partners' USD 2.56 billion takeover of Atlantica Sustainable Infrastructure gains a global renewable energy portfolio. For seasoned dealmakers, market volatility also spells opportunity. Pursuing M&A amidst unpredictability demands meticulous due diligence and timely data. #valuation #transactionmonitoring #mergersandacquisitions