Swings and roundabouts

Mackenzie, Alistair
March 2010
Process Engineering;Mar/Apr2010, Vol. 91 Issue 2, p12
Trade Publication
The article examines the unnecessary changes in buyer/supplier relationships within the oil and gas industry in Great Britain in 2010. It found that it is due to buyers' decision to position themselves for better rates on future contracts. It assessed that it was also stimulated by the high oil prices and increase demand for services, suppliers move of being selective on tendering. It suggested that through strategic collaboration, gains can be made on changes and roundabouts.


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