Hunting sees more consolidation in a competitive oilfield services space
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(Reuters) - British oilfield services firm Hunting's top boss on Wednesday said there could be more consolidation in an already intensely competitive sector, after the company reported in-line profit for the first quarter.Hunting, whose clients include Halliburton, Chevron, Anadarko, and Kuwait Oil Company, said margins dipped for Hunting Titan - the group's largest reporting segment - as competition intensified with the industry working through excess inventories built up in late 2018. "One..