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Saipem outlook hits oil service sector

Jan 30 2013  Italian oil services group Saipem says its 2013 profit will be around half of what analysts had been expecting. Its shares tumbled by a third and the sector was dragged lower. Lex's Stuart Kirk and Vincent Boland discuss whether this event is company-specific or represents a wider sector issue.  (3m 0sec)
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Produced by Darryl Thomson. Filmed by James MacDonald.
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