OPINION: Market slump proving tough medicine for oil services players

Companies introduce difficult measures to address exposure to collapse in oil prices

Ripping the script: the global onslaught of the deadly Covid-19 virus coupled with slumping oil prices has seen industry players tear up their business plans for the year as they cut costs.
Ripping the script: the global onslaught of the deadly Covid-19 virus coupled with slumping oil prices has seen industry players tear up their business plans for the year as they cut costs.Photo: RYTIS DAUKANTAS/UPSTREAM
Published 26 March 2020, 15:47Updated 26 March 2020, 15:48