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Despite Downturn, Some Suppliers to Oil & Gas Industry Are Growing, an Industrial Info News Alert

ID: 1383427

(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 09/04/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Companies that supply equipment or services to the have shared the pain of their exploration and production clients during the last 12 months as crude oil prices have plunged and natural gas prices have remained soft. Suppliers to the industry have enacted many of the same tactics as their clients in the Oil Patch: discounted prices, closed offices, reduced staff, scaled back new initiatives and renegotiated bank loans.

Within this article: Details on how Oil Patch service companies are dealing with low oil prices.

For details, , or browse other breaking industrial news stories at .

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Bereitgestellt von Benutzer: Marketwired
Datum: 04.09.2015 - 04:10 Uhr
Sprache: Deutsch
News-ID 1383427
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