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Industry watchers think more consolidation in oilfield services is coming, given that the sector has stabilized somewhat and there’s limited organic growth available through new projects.
Contract driller Nabors Industries Ltd posted a bigger quarterly loss, largely due to an impairment to the carrying value of the company's investment in C&J Energy Services Ltd. The net loss attributable ...
Approximately $1.3 billion of rated debt affected. New York, July 21, 2016-- Moody's Investors Service downgraded CJ Holding Co.' s Probability of Default Rating to D-PD from Ca-PD, following the company's ...