Technip's Pilenko: Hard Times Still ahead for Oil Services
The crisis hitting the oil services sector is far from over and the next two years will be even more difficult for some companies, the chief executive of French oil services company Technip said on Thursday.
"Unfortunately for some companies, this is just start. We are getting to a new stage of the crisis for the sector, 2017-18 will be even more difficult," Thierry Pilenko told an oil conference in Paris.
(Reporting by Bate Felix; Editing by Geert De Clercq)
(Reporting by Bate Felix; Editing by Geert De Clercq)