CDT Roundup: 11 Deals, 8 Firms, 99 Lawyers, $16.6B

With the oil price plunge of 2014, the need for consolidation became evident among oil and gas companies – but access to capital and a lack of sufficient size to attract investors crippled the necessary push.

Fast forward seven years, there’s been a marked uptick in consolidation in the upstream, midstream and oilfield service sectors. While the shift toward strategic consolidation isn’t surprising, there’s still a need for more after years-long hesitation in the industry.