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Schoeller-Bleckmann Oilfield Equipment AG / Annual result 2016

Published: March 17, 2017; 08:01 · (Vindobona)

The entire oilfield service industry was confronted with a persistent downturn in 2016. For the first time in three decades, oil companies curtailed their spending for exploration and production (E&P) in two consecutive years by a total of 42 %. Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, felt the effects both in terms of sales and profit.

Schoeller-Bleckmann Oilfield Equipment AG / Annual result 2016 / Picture: © Vindobona

 

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annual result/annual report

- Harshest industry crisis in 30…

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