Wood Group to Cut Contractor Pay Rates

Wood Group Engineering (North Sea), the oil and gas service company based in Aberdeen, has said more than 1000 North Sea contractors will see their pay rates cut by an average of 10% as lower crude prices impact oil companies.

Wood Group Engineering (North Sea) provide "life of field" services to the oil & gas industry and currently has long term business relationships with Amerada Hess, Apache, BP, Encana, Shell Expro, Talisman and Total.

Posted 23/01/09

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