New U.S. metals tariffs to drive up oilfield equipment costs, ChampionX exec says

ChampionX

11/02/2025 08:54

SINGAPORE, Feb 11 (Reuters) - ChampionX  CHX.O  expects
new U.S. import tariffs on steel and aluminium to drive up
equipment costs for oilfield service firms, a company official
told the India Energy Week conference on Tuesday.
    The company is still committed to closing a merger deal with
top oilfield services company SLB  SLB.N  in the first quarter,
Steve Davoren, regional business development director, said.
    

 (Reporting by Mrinalika Roy; Writing by Florence Tan; Editing
by Christian Schmollinger)
 ((Florence.Tan@thomsonreuters.com; Reuters Messaging:
florence.tan.thomsonreuters.com@reuters.net))