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More than 1 million oilfield services jobs likely to be cut in 2020 as COVID-19, price war take toll – Rystad Energy

More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic and the ongoing oil price war, a Rystad Energy impact analysis shows. According to the Rystad Energy Impact analysis, shale services will bear most of the […]