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Can Engineering Companies Just Offer Engineering Anymore?

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Back before the oil price crash there were a lot of engineering companies and consultancies that offered engineering services for the standard rate to engineer + 50% overhead cost + 15% profit margin. They didn’t construct or install anything, just focussing on engineering deliverables. These were the source of a lot of good and well-paid oil and gas engineering jobs, however nowadays, it is unlikely that companies can survive doing just engineering specialist work. The market has shifted to projects being delivered by companies providing engineering along with installation, construction or drilling services.

Why pay for engineering when it comes

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