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27 Jul
09:20

Vallourec sees 2018 oil sector recovery

Stabilised oil prices, continued oil depletion, and sustained hydrocarbon demand are expected to continue to support oil and gas companies’ increasing global activity, according to French pipemaker Vallourec. The company also anticipates higher oil & gas deliveries globally in the second half of 2018. “Macroeconomics should continue to benefit our Industry & other operations,” Vallourec says in a report seen by Kallanish. “Power G…
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