Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, April 22, 2014

Energy News Roundup: China Breaks into Oil Field Services and Unions Endorse Fracking

Energy News Roundup: China Breaks into Oil Field Services and Unions Endorse Fracking

By Jared Anderson
CNOOC Drops Bid For Unocal
Chinese firms are becoming increasingly competitive in the global oil field services market, undercutting South Korean and Singaporean suppliers while gaining business from the majors. “Manufacturing energy equipment is an expensive, labour-intensive and lengthy process, and with global energy firms trying to cut costs, the affordability of the services offered by Chinese firms has trumped

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