We spoke to senior executives from 150 of the world's most prominent oilfield services companies, 50 of the most significant private equity houses operating in the industry and 10 of the most active banks involved in funding deals. Corporate revenues of respondent companies are split between $1bn+ (31%), $101-1bn (30%) and $20m-100m (39%).
Key findings
- The overarching sentiment among industry professionals is that consolidation will take place in the oilfield services sector
- 86% of respondents expect global oilfield services M&A activity to increase
- And out of those, 30% expect a significant increase
About the report
We spoke to senior executives from 150 of the world's most prominent oilfield services companies, 50 of the most significant private equity houses operating in the industry and 10 of the most active banks involved in funding deals. Corporate revenues of respondent companies are split between $1bn+ (31%), $101-1bn (30%) and $20m-100m (39%).
Our Energy experience
Our international team is renowned for its sector expertise, gleaned through decades of exposure to all facets of the industry, significant experience of cross-border transactions and project delivery, and the development of a global team which encompasses all legal disciplines.
With over 3000 people operating from 25 offices across four continents, Pinsent Masons is not just one of the world's largest law firms, but also an organisation which puts the Energy sector at the heart of our vision and strategy. Oil and gas is in our DNA.