The world's oil majors have an iron grip on oil service companies
![Photo: Pilar Olivares / Reuters / Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11478336.ece/ALTERNATES/schema-16_9/20180906-195905-L-1920x1080we.jpg)
An intense price pressure weighs down Danish technology company Welltec, which supplies equipment to the oil industry.
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