Oilfield services companies play a critical role in supporting the oil and gas exploration and production sector, providing essential expertise, equipment, and services to enable the successful execution of complex projects. In many instances, these companies rely on 3rd party service providers to fulfill specific components or execute entire turnkey projects on their behalf. While this arrangement offers several benefits, it also introduces a layer of complexity for oilfield services companies to effectively manage these 3rd party service providers.
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