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Old 8th Dec 2014, 21:15
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terminus mos
 
Join Date: May 2012
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Yes they will all follow. You will see some rigs parked to keep the rates up as much as possible, you will see some older helicopters (L1 & L2?) parked or sold and a general softening of rates paid for services and helicopters combined with less work. Some oil and gas companies will cut back staff and our industries are in for a generally unpleasant round of cost cutting. We are already under instruction to prepare a 20% cost trim plan.
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