OIL & GASFIELD SERVICES PRODUCTS SUPPLIERS IN DOHA, QATAR

Oil & Gasfield Services Description: The Future Of OIL & GASFIELD SERVICES , Part DeuxMichelle Michot Foss, Ph.D. Fellow in Energy & Minerals, Center for Energy Studies, Rice University’s Baker Institute for Public PolicyInterview withBernard Duroc-Danner, Ph.D. Former CEO, EVI, Grant Prideco & WeatherfordExiting Covid-19 shutdowns and one of the sharpest drops in oil and gas industry operations in history will require fortitude across the related oilfield services (OFS) businesses.If anything, the OFS segment has been hit harder, with perhaps greater consequences, than producers.Going forward, availability and cost of crucial OFS equipment, suppliers and vendors will impact timing and profit margins as producers slowly re-engage on growth strategies, with inferences for oil and gas commodities prices down the road.“Green shoots” are emerging.Recent data from various sources indicate distinct improvement in U.S. demand for petroleum products, increases in vehicle miles driven, reductions in crude oil stockpiles (critical for rebuilding optimism in oil markets) and upticks passenger air travel. Read More...

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