"Many (oil majors) consider that buying smaller companies would now be an investment with a higher return than if the majors were doing the frontier exploration themselves."

BCG's Eric Oudenot discussed growth opportunities for oil majors.

Reuters spoke with BCG's Eric Oudenot on how large oil companies can grow. "Many (oil majors) consider that buying smaller companies would now be an investment with a higher return than if the majors were doing the frontier exploration themselves,” he stated.

Reuters