Q1 analysis: Venturing deals still concentrated in non-core areas, more exits reported in the first quarter, average deal size dropped slightly
There has been a general shift in the focus of oil and gas corporate since 2014. Most of the disclosed investments by oil and gas corporate investors over the past decade have been going into non-core areas, such as cleantech, IT, mobility and transport technologies. This trend went on through the first quarter of 2021 as well.
Last year was eventful and challenging for the oil and gas industry. The outbreak of the covid-19 pandemic and lockdown orders around the…
