What will future bring, I hear furlows (time off without pay is on its way), what else will happen?
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I heard that MI is unprofitable and they want to divest it off to avoid SLB downgrade to junk status
There is way too much oil...it doesn't matter if it is £500 a barrel, there is no need to drill for more. Simple, basic economics, a subject many would benefit from studying.
They started offering reduced pay leave for 6 months, MI might lose the last of their contracts and be shutdown by end of summer, so no things are bad and getting worse