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There is some talk you could see that take place within the oil majors community, and a return to mega-mergers as we saw in previous downcycles like 1997/98, 2002/3.
– Will Riley
Found on Reuters2 years ago
A number of the European and U.S. super-majors could fit together because they're all international producers with diversified portfolios that could work together.
These were two basin players consolidating their acreage, creating cost synergies by doing so.
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"Will Riley Quotes." Quotes.net. STANDS4 LLC, 2017. Web. 26 Mar. 2017. <http://www.quotes.net/authors/Will+Riley>.