Financial Times FT.com

Energy industry upheaval to benefit oil services

By Ed Crooks in London

Published: June 29 2008 22:19 | Last updated: June 29 2008 22:19

Oilfield services companies are among the biggest winners from the upheaval in the energy industry over the past decade, according to national oil executives surveyed by KPMG, the professional services company.

The executives of national oil companies, state-controlled groups such as Saudi Aramco, Gazprom and Petro-China, said service groups’ growing capabilities and international influence were changing the relationships between the leading players in the oil and gas business.

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