While our two annual lists – Power 50 and Top 30 EPC Contractors – seek to rank players in the landmark segments of operators and upstream project engineering, respectively, we have been feeling the need for a separate ranking to recognise stakeholders in another vital sector of the upstream oil and gas market: oilfield services.
Welcome to the Top 30 Oilfield Services Companies 2017, the inaugural edition of this annual list. Our endeavour, through this new ranking, is to pay tribute to the numerous local and international companies that have been serving operators in the Middle East and North Africa (MENA) region’s upstream sector for decades now.
We understand that the term ‘oilfield services’ applies to virtually every company under the sun that has some association with the oil and gas industry. Hence, in order to streamline the focus of the coverage, we have concentrated on only the enterprises that offer products and services that fall into any one of the following four verticals, which are crucial to the very functioning of the industry: oilfield tools, equipment, and machinery; upstream technology; digital and software systems; and upstream project consultancy and project management.
Before we begin the listing, however, Georges Chehade, a partner at Strategy&, highlights some of the opportunities Saudi Arabia presents to oilfield services providers. Read the foreword…
