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August 12, 2008
However, there is another sector of the oil & gas business that bypasses public recognition, but that professionals in the industry know all about, and that is the oilfield service contracting industry, which driven by revenues from the majors, from national oil corporations, and others. Analysts at US sell-side specialists Bernstein Research estimate that the oilfield services industry generated revenues of almost US$246 billion globally in 2007 and that this figure will rise by more than 10...
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