Welligence APAC Q2 2025 M&A Quarterly | Record APAC M&A quarter focused on lower-risk gas/LNG assets
July 30, 2025
In Q2 2025, 10 deals were announced across Asia Pacific, reaching a two-year high. Two large deals dominated Q2, namely XRG’s offer to acquire Santos and MedcoEnergi’s acquisition of Repsol’s stake in the Corridor PSC in Indonesia. The rest of the deals involved lower-risk assets, continuing the theme we observed in the previous quarter.