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EMAS Offshore sinks into the red in Q1

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Offshore support services provider EMAS Offshore will keep trying to "streamline" operations and expenses amid an ongoing crude oil slump, it said on Monday after sinking into the red for its first quarter.

Singapore

OFFSHORE support services provider EMAS Offshore will keep trying to "streamline" operations and expenses amid an ongoing crude oil slump, it said on Monday after sinking into the red for its first quarter.

It blamed "general weakness" in the offshore industry and a...

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