SLB and Baker Hughes Anticipate Production Capacity Expansion to Mitigate Energy Crisis

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Egypt Oil & Gas

Leading oilfield services providers SLB and Baker Hughes expect a rise in global spending on oil exploration and production, as supply disruptions linked to the Middle East conflict underscore the need for greater investment, particularly in North America, according to Reuters. The ongoing US -Israeli conflict with Iran has disrupted flows through the Strait of [] The post SLB and Baker Hughes Anticipate Production Capacity Expansion to Mitigate Energy Crisis first appeared on Egypt Oil Gas.