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Subsea UK: Subsea Industry in for Major Challenges

The fast-growing UK subsea sector, which supports 60,000 jobs, is in for two years of tough times and will only ...

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Statoil Profit Slips on Plunging Oil

Norway’s Statoil has reported that its net operating income for the full year 2014 was NOK 109.5 billion ...

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PGS Faces Fleet and Cost Cuts

Petroleum Geo-Services ASA has announced today that it has implemented further steps to streamline operations, ...

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