The regional supplier industry earned total revenue of around Nkr4.7 billion last year, down around 16.7% from a record in 2014 before an oil price slump that has hit offshore activity by oil companies. At the same time, the number of annual man-years fell by 500 to 2210 year on year.

“After five years of growth in the supplier industry, there was an expected drop in 2015.