The Saudi government’s order for Aramco to suspend work on expanding its oil production capacity from 12 to 13 million bpd will not hit demand for oilfield services, according to analysts cited in The National. While analysts expect the suspension to affect expansion work at two offshore fields - Manifa and Safaniya – they remain upbeat that there will be significant growth opportunities for oilfield service companies in 2024 and beyond. The Saudi state ordered Aramco to stop work on expanding its maximum sustainable capacity to…
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