Global oil and gas pipeline sector delaying project FIDs to save cash and weather out COVID-19

Global Oil and Gas Pipeline Sector Delaying Project FIDs to Save Cash and Weather Out COVID-19 Crisis

RMI Supply

The global oil and gas pipeline sector has been facing several headwinds in the form of a fall in oil and gas prices, demand destruction, and a weak global economic outlook on the back of COVID-19 outbreak. Consequently, delaying financial investment decisions (FIDs), slashing capital expenditure and stalling projects have…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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