Thread regarding Schlumberger Ltd. layoffs

Can Russian O&G Sector Survive Without Western Servicing Companies?

What's your frank opinion on this?

I am just curious.

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| 2731 views | | 4 replies (last June 5, 2022) | Reply
Post ID: @OP+1guDnkTJ

4 replies (most recent on top)

They will adapt. China can copy pretty much anything these days.

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Post ID: @Brop+1guDnkTJ

The Western companies will simply form "shell companies" and continue operating as 'normal'.

Halliburton was rumoured to have done this, in order to continue operating in Iran, and I remember looking at some equipment in the yard in Dubai, and being told that it was being sent to "wink, wink", the country on the other side of the gulf..

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Post ID: @izcx+1guDnkTJ

They will be fine. The world is full of oil personnel and companies.

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Post ID: @izga+1guDnkTJ

If they run and maintain their services like their laughable tanks..........they are royally screwed.

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Post ID: @6byf+1guDnkTJ

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