Oilfield services

July 17, 2020

Oil production restrictions under OPEC+ agreements have affected not only the Russian vertically integrated oil companies, but also the players in related industries. In particular, low oil prices have pushed down the budgets of oil companies, and made them revise costs and cut orders for well services and oilfield chemicals. CREON Group surveyed the leading market experts to learn when a recovery can be expected in the drilling and oilfield chemicals segment.