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    Environment and Energy

    Vallourec: North America to Lead Oil & Gas Market Recovery in 2017

    Written by Sandy Williams


    Vallourec, French-based global pipe manufacturer, is expecting challenging market conditions for the oil and gas industry for the remainder of 2016.

    CEO Phillipe Crouzet said in the company’s second quarter earnings report that the oil and gas market will continue to be “significantly impacted by low demand and intense pricing.” He offered some optimism for the North American markets, however.

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