High Oil Prices Boost Investment, Oilfield Service Firms Secure Large Orders Amid Robust Demand
1 week ago / Read about 0 minute
Author:小编   

Recently, despite fluctuations, international oil prices have generally maintained medium-to-high levels. Consequently, the investment appetite of oil exploration enterprises remains robust. According to Haimo Technology, high crude oil prices have sustained the enthusiasm for upstream investment this year, significantly benefiting the oilfield service industry, which serves as a pivotal link in the industrial chain. Considering the current international scenario, the development of oil and gas resources, and product orders, overseas oil companies have demonstrated an increased demand. Domestically, oilfield service companies have frequently received substantial orders. The positive outlook for capital expenditures in the oil and gas sector is poised to generate more business opportunities for oilfield service enterprises, with industry participants anticipated to reap the rewards of this burgeoning prosperity.