Deirdre Michie, Chief Executive of OGUK, said:
“Many of the companies in our industry, especially in the supply chain, are still financially fragile after the previous oil price crash, so the triple whammy we now face is particularly dangerous. In that context the strong response from the UK Government and their clear determination to support both workers and companies is very welcome. It is now crucial to ensure companies can easily and rapidly access this money as for many businesses and individuals cash flow is now vital.”
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/23032020/oguk-welcomes-government-promise-of-assistance-to-offshore-sector/
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