‘Squeezed margins’ warning for US turnkey contractors amid spiralling supply chain costs

Rystad Energy sees double-digit costs increase for engineering, procurement, construction and installation players

Cost surge: An American flag flies near Los Angeles port in California, US last month, which has been hit by container backlogs amid global supply chain problems
Cost surge: An American flag flies near Los Angeles port in California, US last month, which has been hit by container backlogs amid global supply chain problemsPhoto: AFP/SCANPIX
Published 19 November 2021, 16:12Updated 25 November 2021, 10:08