The Critical Role and Responsibility of Oilfield Services Companies
The oil and gas industry is one of the key drivers of the global economy, with oil being a significant liquid asset. No wonder its price activity is monitored and scrutinized by the financial market players regularly, just like gold, share, bonds, and cryptocurrency. All over the world, people use more than 100 million barrels of oil every day, adding up to 36 billion barrels each year. Any industry with such importance has multiple institutional players working together to keep the operational machinery running. In this case, it’s the oilfield services companies that contribute to the sector substantially. The oilfield services companies such as the internationally renowned SAZ Oilfield Services work very closely alongside the drilling entities and rigs offering required support. These enterprises are spread all across the world, especially operating out of places that have natural oil and gas reserves. SAZ Oilfield Services, for one, offers an extensive portfolio of