Merger lifts US oilfield services sector

Deal between Keane and C&J provides major boost to distressed market - but 'more consolidation is needed'

The Keane/C&J merger means the combined company will have a larger footprint in US shale basins, including the Permian — The Keane/C&J merger means the combined company will have a larger footprint in US shale basins, including the PermianPhoto: NOAH BRENNER

Caroline Evans

Houston

Americas North America

Published 19 June 2019, 17:05Updated 19 June 2019, 17:05