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17 Nov
11:31

OPEC agreement fails to curb Mid-East drilling: Tenaris

Tenaris says the compliance by OPEC members with last year’s agreement to cut production has not hampered oil & gas drilling activity in the Middle East. “On the contrary, we’re even anticipating some increase in rigs in Saudi, by about 15 – this is what we expect now to be added during 2018,” Tenaris Eastern Hemisphere Area Manager Gabriel Podskubka said during a conference call monitored by Kallanish. “So drilling r…
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