Oil and gas companies will start 2018 in the best shape they have been in since the oil price collapse. According to consultancy firm Wood Mackenzie's 2018 Upstream Outlook, the companies must now prove that they can thrive in a low-price environment after the huge adjustments and cost reductions made in recent years.
Wood Mackenzie: Oil and gas companies to start 2018 in good shape
The major cost reductions in the oil and gas industry are over, and according to Wood Mackenzie's 2018 prospects, investments are on the way up again.
by OLE ANDERSEN
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Wood Mackenzie: Oil thirst will peak by 2030
For subscribers