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Why are oil & gas consultancies preferred to turnkey contracts in India?
Nov 08:
For an engineering firm, with a turnkey division, the lucrative high-margin segment continues to be the consultancy segment.
8Margins are far higher in consultancies for domestic companies. Also, it is far more risky
8This is one reason why a lot of foreign consultancy-cum-EPC companies want to stay in the consultancy segment and away from EPC contracts.
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8Margins are far higher in consultancies for domestic companies. Also, it is far more risky
8This is one reason why a lot of foreign consultancy-cum-EPC companies want to stay in the consultancy segment and away from EPC contracts.
Click on Details for more
