The oil price drops so they want to decrease the price. Lets look at the oil companies.
If they think the price is too high, buy their own ROVs. Too much overhead.
Companies that are dropping their bid are dills. If only two companies do it then they have to provide for the whole market. They also like to think the more office employees they have the more important they are. To maintain the office employees they have to trim elsewhere to make the saving. So lets trim off the only other dills who will take it.
The agencies. Once upon a time they worked for us. with the influx of the professionally trained IMCA pilot tech, we have successfully decreased our wages. the last 10 years have been the most difficult for a pay increase. Gone are the days of a 20 to 50 dollar increase every job. The new agencies have nothing to offer you at all. Try a job with an agency at USD 1k / day... mission impossible. I know previously the agency paid the rate offered by the company and added the insurance and their markup. Now the agency cuts into the Tech/supervisor. The only way for the agency to stay afloat is to offer cheaper rates to the company and drop your rate to maintain their income.
AND this is why almost all the old agencies went out of business, because the only thing the newbies have to offer is PRICE and that price is dependent on YOU.
If they think the price is too high, buy their own ROVs. Too much overhead.
Companies that are dropping their bid are dills. If only two companies do it then they have to provide for the whole market. They also like to think the more office employees they have the more important they are. To maintain the office employees they have to trim elsewhere to make the saving. So lets trim off the only other dills who will take it.
The agencies. Once upon a time they worked for us. with the influx of the professionally trained IMCA pilot tech, we have successfully decreased our wages. the last 10 years have been the most difficult for a pay increase. Gone are the days of a 20 to 50 dollar increase every job. The new agencies have nothing to offer you at all. Try a job with an agency at USD 1k / day... mission impossible. I know previously the agency paid the rate offered by the company and added the insurance and their markup. Now the agency cuts into the Tech/supervisor. The only way for the agency to stay afloat is to offer cheaper rates to the company and drop your rate to maintain their income.
AND this is why almost all the old agencies went out of business, because the only thing the newbies have to offer is PRICE and that price is dependent on YOU.