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50% Drop in New Orders Spells Trouble for Oil and Gas Contractors

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OSLO - - ODS-Petrodata sees a ‘window of opportunity’ for oil and gas operators in 2009 and 2010 New orders for 16 surveyed key contractors to the oil and gas industry declined 52% in the first half of 2009 relative to the same period in 2008. Whereas some contractors have landed major orders over the last [...]

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