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When Drilling Slows, Scotland Feels It: What North East Rig Out’s Collapse Tells Us About the Energy Downturn
Summary by Caithness-business.co.uk
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When Drilling Slows, Scotland Feels It: What North East Rig Out’s Collapse Tells Us About the Energy Downturn
North East Rig Out (NERO), a long‑established Aberdeen workwear and PPE supplier, has gone into liquidation after more than four decades in business. Eight jobs have been lost, and the liquidators were blunt about the cause: a prolonged downturn in the energy market and a sharp reduction in orders from oil and gas clients.
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