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Home Icon > About Us > News > Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts

Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts

BY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years, have produced stronger than expected second-quarter earnings and are cautiously pointing to signs of recovery in demand. These companies, which encompass oil drillers, engineering groups, oil services providers and seismic surveyors, […]

The post Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts appeared first on gCaptain.

WP_Post Object ( [ID] => 123557 [post_author] => 4 [post_date] => 2016-07-29 21:00:01 [post_date_gmt] => 2016-07-29 21:00:01 [post_content] =>

Deepwater Champion DrillshipBY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years, have produced stronger than expected second-quarter earnings and are cautiously pointing to signs of recovery in demand. These companies, which encompass oil drillers, engineering groups, oil services providers and seismic surveyors, […]

The post Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts appeared first on gCaptain.

[post_title] => Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts [post_excerpt] =>

Deepwater Champion DrillshipBY GWLADYS FOUCHE AND STEPHEN JEWKES (Reuters) European suppliers to the oil industry, hit by their customers’ spending cutbacks over the past two years, have produced stronger than expected second-quarter earnings and are cautiously pointing to signs of recovery in demand. These companies, which encompass oil drillers, engineering groups, oil services providers and seismic surveyors, […]

The post Deepwater Drillers “Will Not Recover Anytime Soon” Despite Supplier Uptick, Says Analysts appeared first on gCaptain.

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