Oilfield Firms See Highest Profit In Nearly A Decade ...Middle East

The world’s largest oilfield services providers saw last year their highest combined net profits since the shale boom of 2014, driven by a rebound in drilling activity amid soaring oil and gas prices. SLB – formerly Schlumberger – Halliburton, and Baker Hughes reported this past week very strong earnings for 2022 and said they expected the upcycle that began last year to be a multi-year feature in the oilfield services sector, thanks to improving pricing and tight equipment and service capacity in certain markets.   ‘Early…

Read More Details
Finally We wish PressBee provided you with enough information of ( Oilfield Firms See Highest Profit In Nearly A Decade )

Also on site :

• Next Up In Iran: Regime Change Or Renewed Push For A Nuclear Weapon?
• Sierra Leone Stakes Next Oil Frontier Claim
• Some car insurance customers ‘shaving over £200 off renewal quotes by haggling’