Schlumberger sees "very robust" oil and gas drilling activity in second-half 2022, underpinned by the need for energy security and "urgency" to provide more varied and reliable oil and gas supply sources, the global oilfield services provider's top executive said July 22. Stepped-up activity in the back half of 2022 will likely be marked by acceleration of investments in basins outside North America and continued strengthening of offshore activity as operators, including international oil companies, increase spending, Schlumberger CEO Olivier Le Peuch said during the company's Q2 earnings conference call.
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