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Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
Dover Artificial Lift was formed in 2009 including Norris Rods, Fergusen Beauregard, Alberta Oil Tool, Norrisseal, C-Tech Design & Manufacturing, and Theta Oilfield Services Inc. In 2011, Dover Corporation acquires Harbison Fischer [ 11 ] and Oil Lift Technology Inc. [ 12 ] Both companies became member brands within Norris Production Solutions.
9 AT&T: 160,546 254,000 Multinational telecommunications holding company which includes many components of the former Bell System. Headquartered in Dallas, the company includes Cricket Wireless and DirecTV. 28 Phillips 66: 91,568 14,600 Global oil and gas entity formed when it spun off from ConocoPhillips in 2012.
The oilfield service sector is poised for more consolidation in 2025, according to Deloitte's 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump expected loosen regulations on ...
Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
The company has asked some staff not to connect to internal networks, the person said. U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar ...
The company also became a public company. [1] In 1994, Tesco's portable land top drive won a Special Meritorious Award for Engineering at the Offshore Technology Conference show. [2] In 1995, the company opened a sales office in Beijing. [2] In 2002, the company acquired Bo Gray Casing Co. and A&M Tubular Maintenance for $10.5 million. [3]
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.