Harvey Gulf’s Shane Guidry was less bombastic on M&A at Clarksons Platou’s Oil Services Seminar in Houston Monday, but says the company is still looking.

The New Orleans-based company's chief executive said a domestic merger makes sense, while an international one has to be "strategic".

“I believe in M&A [mergers and acquisitions] in the US, in the Gulf of Mexico, because of the Jones Act is a really smart thing to do," he said during a OSV owners panel.