Oil Field Services Companies Ranking

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

Oil field services companies ranking.

Dollars exclusive premium statistic. 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. 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. Halliburton 18 28 bn top 2 biggest oilfield services company. 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. The oilfield services equipment sector includes companies that provide services to oil and natural gas producers.

Consequently the oilfield services companies experienced a major hit. Top 250 rankings search year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 region americas asia pacific rim emea. A boom that turned into doom. 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 2019 middle east s largest energy portal which delivers latest news data analysis and opinion for the region s energy professionals. 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. 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.

2 increased drilling completion or production of resources however didn t translate into more business for ofs companies. Dollars revenue in billion u s. However thanks to the efforts of opec and russia the supply glut has eventually been eliminated from the oil market. The company is ranked third in our list of biggest oil companies in the world with a revenue of 428 62 billion dollars.