(Reuters) - The oil services sector has been rife with rumors of
link-ups in recent months, fueled by speculation that companies
would seek mergers to gain market share and take advantage of
the huge spending increases in the energy sector, particularly
for the development of offshore fields.
"This is the type of transaction shareholders have been
clamoring for," said Mark Urness, an analyst with Calyon
Securities.
Read more at Reuters.com Bonds News
link-ups in recent months, fueled by speculation that companies
would seek mergers to gain market share and take advantage of
the huge spending increases in the energy sector, particularly
for the development of offshore fields.
"This is the type of transaction shareholders have been
clamoring for," said Mark Urness, an analyst with Calyon
Securities.
Read more at Reuters.com Bonds News
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