(EnergyAsia, October 18) — Oilfield services and equipment suppliers will be under pressure to consolidate and merge given the current hardware glut, warns the Boston Consulting Group (BCG). According to the consulting firm, there are now close to 570 offshore rigs on the market with more than 1,000 rigs due to be delivered. By 2012,…
MARKETS: Oilfield services sector headed for consolidation, says BCG
Posted on October 26, 2009 by EnergyAsia