Reuters | Global upstream recovery seen muted by oil industry thrift, energy transition S&P Global Platts London — Global upstream activity continues to recover, according to oilfield contractors, but the risk of under-investment in new projects still hangs over the oil industry as capital discipline and the transition to lower-carbon energy weighs on ... Oil service recovery forecasts lift Europe's Saipem and Aker European oil service groups Saipem and Aker boosted by recovery forecasts |