Oil Field Services Companies Ranking

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.

Oil field services companies ranking.

A boom that turned into doom. The oilfield services equipment sector includes companies that provide services to oil and natural gas producers. 2020 ranking of leading global oil equipment and oil services providers based on revenue in billion u s. In fact the segment s revenue fell by 20 percent during the.

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. It is a major employer of more than one million people. In the middle east schlumberger are involved in numerous large scale projects for companies including saudi aramco including the huge dharan field abu dhabi national oil company adnoc kuwait oil company koc and qatar petroleum qp among many others. Consequently the oilfield services companies experienced a major hit.

However thanks to the efforts of opec and russia the supply glut has eventually been eliminated from the oil market. These companies rent drilling rigs and also provide services to evaluate build. 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. Dollars revenue in billion u s.

Dollars exclusive premium statistic. 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. The company is involved in the refining production of natural gas and petrochemicals exploration of oil fields and marketing of its products.

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. 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. 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. Halliburton 18 28 bn top 2 biggest oilfield services company.