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Dow Jones said the global oil industry is poised for recovery

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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According to Dow Jones on July 20, global oil industry executives said that oil producers are ordering more equipment and preparing to put in more rigs for oil and gas exploration later this year, indicating that international oil activity is heating up
.

The CEOs of Schlumberger and Baker Hughes said their clients are moving forward with large oil and gas projects and are even preparing to increase exploration
for future projects.

Schlumberger CEO Paal Kibsgaard told analysts on the company's earnings call: "The recovery of the international oil industry has finally begun, and the pipeline of drilling projects is the largest we have ever seen
.
”

petroleum

The CEOs of Schlumberger and Baker Hughes said their clients are moving forward with large oil and gas projects and are even preparing to increase exploration
for future projects.

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