This is a list of oilfield service companies notable companies that provide services to the petroleum exploration and production industry but do not typically produce petroleum.
Oil field services companies ranking.
It is designed to give readers an informative overview of the month s major industry news while focusing on market reviews product and technical information directories events and objective profiles.
The company is ranked third in our list of biggest oil companies in the world with a revenue of 428 62 billion dollars.
It is a major employer of more than one million people.
Global liquids crude oil and natural gas liquids and natural gas supplies grew by 11 percent in the downturn the highest five year supply growth in the o g history.
Dollars exclusive premium statistic.
A boom that turned into doom.
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These companies rent drilling rigs and also provide services to evaluate build.
Thus the price of oil has enjoyed a strong rally in the last 12 months and is now trading at a 3 5 year high.
However thanks to the efforts of opec and russia the supply glut has eventually been eliminated from the oil market.
Consequently the oilfield services companies experienced a major hit.
2 increased drilling completion or production of resources however didn t translate into more business for ofs companies.
In the list notable subsidiary companies and divisions are listed as sub lists of their current parent companies.
Dollars revenue in billion u s.
In fact the segment s revenue fell by 20 percent during the.
Top 30 oilfield services companies 2019 middle east s largest energy portal which delivers latest news data analysis and opinion for the region s energy professionals.
Top 30 oilfield services companies 2018 middle east s largest energy portal which delivers latest news data analysis and opinion for the region s energy professionals.
The company is involved in the refining production of natural gas and petrochemicals exploration of oil fields and marketing of its products.
The oilfield services equipment sector includes companies that provide services to oil and natural gas producers.
It is designed to give readers an informative overview of the month s major industry news while focusing on market reviews product and technical information directories events and objective profiles.