Month: April 2016
Time for Flight to Quality
April 6, 2016
Multinational oil services companies are pulling out of Singapore and relocating to Malaysia. According to the Financial Times, US Oil and Gas Company McDermott, French Oilfield Services Company Technip and Olso-listed Engineering Contractor Subsea 7 have relocated to Kuala Lumpur, adding to salt to the already wounded state, plagued by low crude oil prices. In […]