May 13, 2025
Offshore Magazine
In an article published in Offshore Magazine on May 8, Mark Jones provided insights into trends in the offshore oil and gas industry amid regulatory and economic changes.
"Consolidation should continue onshore and offshore in the upstream, midstream and oilfield service sectors," Jones said. "The pace is likely to increase, especially given the economies of scale in offshore energy development, production and services, as well as the US government’s initiatives and desire for energy independence, once the trade uncertainties and conflicts around the world are minimized."
Jones noted that several large oil and gas companies, including Exxon Mobil and Shell have used recent mergers to expand their holdings and increase efficiency in their operations.
You may read the full article here.
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