Technip’s Overhaul Bodes Ill for Oil-Field Services – Wall Street Journal


Wall Street Journal
Technip’s Overhaul Bodes Ill for Oil-Field Services
Wall Street Journal
The French oil-field services company late Tuesday said it aims to cut costs by 20%. That, allied to cutbacks in areas with little prospect of profitable business “even in the medium term,” addresses lingering questions about the chances of an imminent
Technip shares fall as oil services group reveals restructuringFinancial Times

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