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Log InUS Oil, Gas Services Firm to Wind Up Pakistan Operations
A leading international oil and gas services firm is reportedly winding up its operations in Pakistan, causing a setback to exploration and development companies operating in the country and rendering more than 60 professionals jobless. Based in Houston, US, and operating in more than 90 countries, Baker Hughes is one of the largest oil field services companies in the world providing the oil and gas industry products and services for drilling, formation evaluation, completion and production and reservoir consultations. This happens at a time when the government claimed to have drilled a record 98 exploration wells in the country in a single financial year ending June 30 this year, surpassing its own target of drilling 94 wells.
