* Customers have slashed $200 billion worth of projects * Five worst-affected companies could need $7 bln in capital * Those with Middle East, Asia exposure fare better By Karolin Schaps and Abhiram Nandakumar LONDON, Sept 16 (Reuters) - Peter Rose's problem of uncertainty
Read moreABERDEEN, Scotland, Sept 11 (Reuters) - A slump in oil prices is forcing the oil and gas services industry for the first time in 15 years to trim costs in a way that executives say will create a lasting change away from their usual lavish way of doing business. Navigating a new environment
Read more(ShareCast News) - Wood Group said it is providing engineering and procurement services to Flint Hills Resources' refining hub at Corpus Christi, South Texas, US for the company's Eagle Ford modification project. The oil services company said the modification and upgrade - at the City's West Refiner
Read more** Oil services stocks dominate top risers for the week on the Stoxx 600 after a sharp rise in crude prices, but fundamentals in the oil market still poor ** WTI up 16.3 pct in two days, its biggest rise since January 2009 as traders rushed to cover short positions ** However, options
Read more* Middle East, cost cuts help in first half of 2015 * Second half will be tougher due to weak oil price * Customers' cost cuts could accelerate consolidation By Karolin Schaps and Abhiram Nandakumar LONDON/BANGALORE, Aug 27 (Reuters) - Oil and gas service companies have fa
Read more** Britain's oilfield services companies rose as crude oil prices bounced back from heavy losses and global markets recouped from Monday's freefall ** John Wood Group among top risers on the FTSE 250 index, up 5.7 pct, poised for best day this year ** Amec Foster Wheeler up 3.5 pct, b
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