Bourbon: Oil Price boost Yet to Impact Activity
The recovery in world oil prices has yet to have an impact on activity at France's Bourbon SA but is a move in the right direction, said deputy managing director Christian Lefevre. The oil services company has had to cut costs under pressure from clients and…
SE Asia Oilfield Service Minnows Must Acquire or Expire
Suppliers of offshore oilfield services in Singapore, the seat of Southeast Asia's energy industry, are opening up to mergers and equity buy-ins as smaller players struggle to find the capital and scale to compete with the big boys. Malaysia and Indonesia, the top oil and gas producing nations in the region…
