Thread regarding Baker Hughes layoffs

OGA as firms demand suppliers and service companies cut rates 40% ‘overnight’ by Allister Thomas 01/06/2020, 8:14 am Aberdeen in freefall.

The Oil and Gas Authority (OGA) has slammed “poor behaviour” in the North Sea supply chain, with firms facing demands to cut rates as much as 40% “overnight”.

The Oil and Gas Authority (OGA) has slammed “poor behaviour” in the North Sea supply chain, with firms facing demands to cut rates as much as 40% “overnight”.

Interventions are being made by the regulator with some operators and Tier 1 contractors whose practices risk putting small suppliers out of business.

With a very bleak future and thousands losing jobs weekly in Aberdeen this is just adding to further job cuts a redundancys.

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