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Global energy security concerns likely drive supply expansion, diversification: Schlumberger CEO

April 23, 2022 Comments Off

Concerns over energy security as a result of the ongoing Russia-Ukraine war may spur capacity expansion and diversification of oil and natural gas supplies in the next few years, which could prompt more longer-lead projects which industry has shied away from in recent years, the top executive of oil services giant Schlumberger said April 22. A half dozen years of…