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North Sea activity lifts ITS turnover 22%

ITS Group, which supplies drilling equipment to oil and gas firms, increased turnover by 22% in the last financial year helped by strong activity levels in the North Sea.

Announcing a rise in turnover to $163 million (£101m) in the year to December 31 from around $133m the year before, ITS Group said increased activity in the UK, US and Mexico supported an uplift across the group.

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