Leading Oilfield Service Firms Highlight Impact of Middle East Conflict in First-Quarter Results

Leading oilfield service firms highlight impact of Middle East conflict in first-quarter results

As oilfield services firms begin releasing their first-quarter results, leading players are highlighting the impact of the conflict in the Middle East.

Oilfield services majors bank on flood of oil, gas projects linked to Middle East war

Baker Hughes, Halliburton and SLB, key drivers of oil and gas project cargoes, say infrastructure repair in the Middle East and supply diversification moves outside the region should result in a heavy book of post-war work.