The inaugural HfS 2016 Energy Operations Blueprint Report provided a comprehensive overview of the services for the Oil & Gas market segment and profiled thirteen of the leading service providers.
The current situation in the global oil markets, with oil prices hitting a low of $28 per barrel in February 2016 before recovering slightly to a settle around $50 per barrel, is a difficult one.
The realization has hit the market that this is the new normal; we are in a period of “lower for longer.” The service providers that participated in the Blueprint indicated strong interest in As-a-Service based services that help Oil & Gas companies find new ways to deal with “lower for longer,” and are investing to build out Energy Operations capabilities. We have ten recommendations for service providers to help strengthen their Energy Operations offerings.
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