Acquisitions Proliferate

摘要

In a sector where projects routinely surpass the billion-dollar mark, contractors in the petroleum sector are on a different playing field from their counterparts in other sectors. Acutely influenced by the vagaries of global economics and expanding geographically into tougher, more remote project locations, the oil and gas market has contractors engaged in a spate of acquisitions and mergers as they aim to bolster resources and enhance skills needed to leverage project opportunities.