Best news yet for OUR rapidly FAILING company
4 replies (most recent on top)
it’s a logical move, buyout HAL to get to that sperry technology, then throw the rest away. makes perfect sense when you think about it.
The corporate is not a bunch of fools. Oil service industry may be stagnant but space is catching up very fast. Soon we will be working there.
Why would anyone buy a has-been that’s going nowhere in a declining industry. The fossil fuel era is over and it’s time to wake up and see that.
There are not many Chinese companies who could afford to buy HAL. PetroChina could, doubt Sinopec/cnooc would since interested since they already have a lot of international exposure.
Can't think of any other big conglomerates who would care about the sh--ty OFS sector.