OGUK welcomes government promise of assistance to offshore sector
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
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/
You might also like
Rystad Energy: M&A boom in South East Asia to see US$5 billion of upstream assets for sale
Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than US$5 billion of assets up for grabs, Rystad Energy research shows.