A New Reality for Oil and Gas Procurement and Supply Chains
Recommendation
COVID-19 has affected most industries – some for the better, many for the worse. The oil industry is no exception. Oilfield services and equipment (OFSE) suppliers, in particular, are up against the ropes. To determine survival strategies for OFSE suppliers, the Boston Consulting Group analyzed the finances of 200 OFSE suppliers, surveyed 125 senior managers and interviewed 30+ CEOs. They detail their findings in this special report, which describes the steps needed – strategic partnerships, value creation and supply chain balancing – to help OFSE suppliers pull through the crisis.
Summary
About the Authors
Alex Dolya (Singapore), Kirill Eremenko (London), Marco Tonegutti (Milan), Eric Oudenot (Paris), Harish Hemmige (Washington DC), Joel Kwong (Kuala Lumpur) and Li Yan (Singapore) collaborated to create this special Boston Consulting Group report.
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