Oilfield Equipment (OFE) orders were up $238 million, or 30%, year-over-year. Equipment orders were up 38% driven by higher orders in the Subsea Production Systems business, partially offset by lower order intake in the Flexible Pipe and Surface Pressure Control businesses. The equipment book-to-bill ratio in the quarter was 2.1. Services orders were up 10% driven by higher order intake in the Subsea Services businesses.
Reference Book of American Business Oklahoma: Second Quarter 2017
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