Monday, April 6, 2015

China's oilfield service providers to feel more pain in 2015 amid oil slump





Mainland oilfield services providers have another tough year ahead, with profit margins squeezed by cost-conscious customers demanding fee reductions and better operating efficiency, as they strive to keep their drilling rigs and equipment employed amid falling demand.









via South China Morning Post - Business feed http://ift.tt/1Cb9eJp

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