Is the oil price decline good news or bad news for MCS....? The...

Is the oil price decline good news or bad news for MCS....?

The company has a Heavy Hualage and Lifting business, which had some of the best margins of the 4 total buisness units in 2014. If oil and gas companies start mothballing projects or reducing capital expenditure, could this have a flow on effect to MCS and its buisness unit that provided the best margins in 2014 (Heavy Hualage and lifting)?????? Seems some oil companies have stated that exploration will slow down substantially in 2014 along with LnG operators.

I also assume that a lot of thier fleet is run on diesel and that hasn't come down anywhere near as much as oil / petrol.

I'm leaning towards the oil price decline being a negative for MCS at the moment.