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Norwegian bank has good news for oil service players

Investment bank Pareto Securities projects that oil service companies may have hit bottom of the barrel in 2018.

Photo: /ritzau/AP/Andrew Milligan/

After several difficult years with cutbacks and mass lay-offs, oil service companies could now be headed for better times.

Norwegian investment bank Pareto Securities projects that oil service companies have already the scraped the bottom of the barrel in 2018.

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