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SLB sees new offshore activity surpassing pre-pandemic levels

SLB sees new offshore activity surpassing pre-pandemic levels

[html]DENVER (Reuters) – Top oilfield services firm SLB anticipates offshore activity will surpass levels seen before the COVID-19 pandemic, as strong demand…
                              

DENVER (Reuters) –     Top oilfield services firm SLB anticipates offshore activity will surpass levels seen before the COVID-19 pandemic, as strong demand and pricing drive new investment into the oil and gas industry.


“We maintain the view that upstream spending is very resilient,” CEO Olivier Le Peuch told investors at a conference on Thursday, adding that he sees double-digit growth in capital investment in the co*ing years.



(Reporting by Liz Hampton in Denver)


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