Tag: Oil Service Companies Insolvency

More Oil Companies Set To Be Battling Against Insolvency

The beleaguered oil industry in the UK could be set for more bankruptcies as global events work against it. The problems for the oil industry are now so well-entrenched that the UK government are putting in place contingency plans to try and limit the onset of a crisis among North Sea operators. While the oil…




More Oil Services Companies Go Insolvent As Oil Price Falls Take Toll

As we all enjoy lower fuel prices at the pumps spare a thought for all those working in the oil services industries who face an uncertain future with insolvencies on the rise. New research into how low oil prices are impacting on oil services companies has revealed a major increase in insolvencies which may get…