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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: sand wedge who wrote (19116)4/15/1998 12:03:00 PM
From: Tulvio Durand  Respond to of 95453
 
Notable from the NOI Q-report is the relative weakness in shallow-offshore orders vs. strong orders for deep-offshore projects: "... While lower first quarter oil prices weakened demand in our distribution services segment in the shallow and heavy oil areas of North America, new equipment orders for deliveries in late 1998 and 1999 for offshore projects, which have a significantly longer term focus, remained strong.'' biz.yahoo.com Tulvio