Petrofac And Schlumberger Join Forces On Production Enhancement

The working relationship agreement between Petrofac and Schlumberger will create a leading player in the burgeoning business of production enhancement. The duo are likely to have Mexico as one of their prime targets after the country launched its first private production contracts in August 2011. A further 22 such contracts are to be awarded this year and we expect Petrofac and Schlumberger to be among the most active bidders.

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