Welligence APAC Q4 2025 M&A Quarterly | APAC’s Gas Gold Rush: Record 27-Deal Year Unpacked

February 13, 2026

Q4 2025 delivered a strong close to the year for the APAC region, making it the most active in terms of deal count since 2020. The 27 transactions recorded during 2025 were underpinned by consistent deal-making in Australia, Indonesia and Malaysia, representing 65% of all deals in APAC.