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Oil & Gas

New Texo facility at Port of Blyth


Texo, the technology-led engineering, procurement and construction (EPC) group, has announced the opening of its brand new purpose-built facility at the Port of Blyth.

Oil & Gas

Weatherford files for bankruptcy protection


The oilfield services company Weatherford International filed for Chapter 11 bankruptcy protection Monday, after struggling to assimilate the companies it bought during a quest for growth, taking on too much debt and fighting to recover from falling oil prices in 2014 that hammered the energy industry.