A conference has been called in Aberdeen to offer advice to oil and gas contractors as North Sea firms begin cutting thousands of jobs and rates are also reduced.
Hundreds of people are already out of work as major energy firms react to the Brent crude slump.
Last week, Talisman Sinopec said 300 jobs from its North Sea operations are to go, including 200 contractors. Schlumberger and BP have also revealed plans to axe hundreds of north-east jobs.
A number of other companies, including Premier Oil, Wood Group and Apache have also announced contractor rate cuts as margins tighten.
Against that backdrop, a number of businesses have joined forces to offer support and advice to the contractor community.
Aberdein Considine, Clydesdale Bank, Caunce O’Hara, EC Energy Contractors, FourM and Contractor MVLs, part of Johnston Carmichael, will together host Explore – The Oil and Gas Contractor Conference.
The free event – at the Park Inn by Radisson on Thursday, February 26 – will offer workers the chance to hear from a panel of experts.
To sign up for the event click here.
“This year looks set to be a challenging year in the oil and gas sector, particularly for those working as contractors,” the group said in a statement. “A falling oil price has already seen day rate cuts and even redundancies, with more turbulence forecast in the months ahead.
“However, the contractor remains a vital asset to the energy industry – and a global technical skills shortage means that we are likely to see the demand for contracted labour continue.”
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