Over the past decade, the oil and gas industry has experienced numerous shifts and fluctuations, along with extreme volatility in oil and gas prices. A combination of erratic commodity price fluctuations, ambiguity about the future of fossil fuels, and increasingly...
The oil and gas companies operate within complex national and global frameworks. Although expansion into new geographies such as ultra-deepwater drilling is opening up new avenues for revenue growth, it is also simultaneously increasing the complexity and risk of...
Lately, the demand for oilfield equipment is proliferating owing to the rising oil extraction and refining activities across the globe. Additionally, the ongoing efforts to discover new oilfields across various untapped regions is spurring the need for oilfield...
Dwindling crude oil prices present a gloomy picture for the oilfield services industry; however, service companies are likely to ride out the storm with long-term contracts and mergers. Globally, the oil and gas industry is currently in a highly “volatile” state. Due...
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