Oilfield Service M&A Set for Boost Under Trump ...Middle East

OILPRICE - Economy
Oilfield Service M&A Set for Boost Under Trump
source : OILPRICE ( Middle East ) () 71
Deloitte's oil and gas industry outlook for 2025 forecasts that the Trump presidency will facilitate continued consolidation in the U.S. oilfield services sector next year. The oilfield service sector is already consolidating, with a slew of megadeals in exploration and production this year which palpably shrank the client pool for oilfield service providers. “When customers combine, you might have a guy who was running seven rigs, and a guy who was running five rigs, that adds together to 12. But when they come back, they run 10,”…

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