Recovery might take years: GCA

CONSULTANCY Gaffney, Cline and Associates is leaning towards the view that the downturn has more in common with the painful mid-80s industry contraction than the short-lived 2008 oil price crash.

In a detailed comment piece, GCA executive director Mike Cline outlined that there were two camps of thought with one expecting a rapid recovery in the industry as seen with the bounce back from the