The state of the upstream industry
The oil and gas industry is in a state of flux. Oil prices have dropped and there's uncertainty on whether they'll recover from around US$50/bbl.
When it comes to moving forward, some companies are thinking of growth while others still have work ahead to adapt to the new reality. All are considering their next investments, and how they can remain profitable in the current state of the industry.
In the hopes of tapping into what the industry itself is thinking, we asked our client base comprising of majors, E&Ps, NOCs, the service sector and the financial community to share their thoughts on a few key themes. Martin Kelly, Head of Corporate Analysis, walks us through the results:
State of the upstream industry survey results
Martin Kelly, Head of Corporate Analysis, walks us through the results.
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