Pembina Pipeline Second-Quarter Profits slipped 14% cent

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Thu, Jul 30, 2009
Heavy Oil Company News
Post by Melissa Pistilli, Heavy Oil Senior Reporter

Saipem SpA, Europe’s biggest oil services company by market value, declared second-quarter net profit surged 8% as it benefited from its bulging order backlog, and confirmed 2009 revenue and operating profit to be in line with those of last year.

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