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BUZZ-James Fisher: Fall in oil weighs on results

Reuters - UK Focus

** Marine engineering services provider's shares down 4.6 pct, top FTSE midcap losers, after saying H1 revenue at its offshore oil unit fell 36 pct

** Clients for the unit have postponed "all but the most urgent maintenance and repair expenditure", co says

** Co also says H1 revenue fell 1.4 pct, pretax profit fell 14 pct

** Offshore Oil weakness prompts Investec (LSE: INVP.L - news) to cut PT to 1250p from 1450p, but keeps "buy" rating (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)