National oil companies (NOCs) have been rising in prominence over the last decade, thanks to their growing geographical footprint, increasing capital budgets and expanding exploration and production activities. Considering their control over a bulk of the world's oil reserves, these companies constitute a critical market for Schlumberger, the world's largest oil field service firm.
National oil companies (NOCs) have been rising in prominence over the last decade, thanks to their growing geographical footprint, increasing capital budgets and expanding exploration and production activities. Considering their control over a bulk of the world's oil reserves, these companies constitute a critical market for Schlumberger, the world's largest oil field service firm.
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