The steady increase in oil and gas demand is expected to fuel the future growth of oilfield service companies.

In the first half of the year, international oil prices have fluctuated, but overall they have remained at a moderately high level, and demand in the oil and gas sector is steadily increasing. Speaking of the current situation in the industry, a senior executive of an A-share oilfield service company told reporters that as long as oil prices are supported, global oil extraction companies will continue to invest. Judging from the intention orders and existing orders, oilfield service companies still have good business opportunities. From the recent semi-annual reports disclosed by A-share oilfield service companies for 2025, it is not difficult to see that benefiting from the demand space brought by the high operation of international oil prices, the overall performance of companies in the industry remains stable. Companies like Baker Hughes, CIMC Raffles Oilfield, and Jereh Group have all delivered good "report cards" in the mid-term exam. At the same time, the expectation of international oil prices remaining at a moderate high level has also led to an increasing participation of oilfield equipment companies in the important links of the industry chain.