Two fifths of UK respondents said they experienced price inflation from suppliers last year, and 44% have braced themselves for notable increases in 2019.
The resilience of North Sea industry’s recent cost cutting crusade faces an acid test in 2019, a new survey shows.
After years of prices being squeezed by the exploration and production companies, some energy service firms are starting to push up rates, according to a poll from DNV GL – technical advisor to the oil industry.
Two fifths of UK respondents said they experienced price inflation from suppliers last year, and 44% have braced themselves for notable increases in 2019.
