The future of oil and gas?Safer, smarter and digital. From upstream to trading and refining to marketing, we help companies across the value chain.
Responding to unprecedented disruption
The oil and gas industry is no stranger to disruptions having faced many supply and demand shocks over the past four decades. While most of the supply side shocks were the result of sudden supply pullbacks in reaction to geopolitical unrest, the demand-side shocks were largely due to macroeconomic contraction and have been closely connected to larger volatile economic cycles—in terms of size and duration.
This time around though, the industry is faced with a concurrent demand-supply shock at an existential, system-wide level which will truly test its tenacity and durability. This unprecedented disruption will require oil and gas companies to take rapid, intelligent measures—both traditional and non-traditional—to survive