Dateline 2012-10-13:
WITH more oil finds and disruptive technologies coming onstream, the level of merger and acquisition (M&A) activity in the oil and gas sector is set to increase.
It’s going to be a boon for oil and gas service providers as the abundance of opportunities propel these companies to expand into new regions and grow bigger through acquisitions, say oil and gas experts from Ernst & Young.
Some key game changers include shale oil potentially becoming very big in China and technology making it progressively easier to get more certainty in striking oil. Renewables will likely not pose a huge threat to conventional hydrocarbons, at least for the next few decades.
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Wata - Malaysian Oil and Gas Engineer 