Already Sluggish OFS M&A Activity Slows to a Crawl in Q3
The M&A market in oilfield services ground to a virtual halt in Q3, its slowest in deal value in at least five years, according to the Enverus Drillinginfo M&A Database. Combined, the entire sector produced only $2.53 billion in combined deal value in Q3—less than Transocean’s acquisition of OceanRig UDW in September 2018. All of […]