“For the first time in a long time, we’ll see a buyer looking for a barrel of oil as opposed to a barrel of oil looking for a buyer,” Jeff Miller, chief executive officer at the Houston-based oilfield contractor, told an audience at the World Petroleum Congress on Monday.

Halliburton has seen spending by crude explorers outside the U.S. and Canada cut by roughly half compared with historical norms, Miller said.

Read the full story here.

Photo Credit: Energy Voice.

Share this event


Become a Member

Decom Mission membership gives you and your team access to networking, events, and knowledge to help you build connections and grow your business in the decommissioning sector. Join our global membership and boost your business.

Membership Enquiry About Us
Keep Signed In

Update Password?