Technip, Schlumberger agree to jointly develop services for flexible deep offshore oil pipes

Technip, Schlumberger partner on pipe project

Marathon Oil cuts 2010 capital spending by $1 billion, shares tumble

Marathon cuts 2010 capex by $1B, shares fall 4 pct

Nigeria’s president says that amnesty granted to militants has led to peace in oil-rich region

ABUJA, Nigeria — Nigeria’s president said an amnesty granted to militants over the past two months in the oil-rich Niger Delta has restored peace to the region.

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