Upstream Oil and Gas
Our unique understanding of the pressures facing the oil and gas industry helps us guide you to the best solutions.
Continued low oil prices have weighed on the oil and gas industry at the same time that supply-and-demand dynamics have shifted around the world.
The oil price plunge led to cost cutting and capital projects deferments—yet more cost reductions may be needed to ensure that capex projects can continue. More than ever, operators are plugging their value leakages and collaborating with oil service companies to find and implement solutions for improving cost efficiency such as simplification, standardization, industrialization, and digitization.
Continued low oil prices have weighed on the oil and gas industry at the same time that supply-and-demand dynamics have shifted around the world.
The oil price plunge led to cost cutting and capital projects deferments—yet more cost reductions may be needed to ensure that capex projects can continue. More than ever, operators are plugging their value leakages and collaborating with oil service companies to find and implement solutions for improving cost efficiency such as simplification, standardization, industrialization, and digitization.