Abstract
To say that 2016 has been a challenging year for SEG would be an understatement. The sustained depression of the oil and gas markets has had a severe impact on our members and corporate partners. The downturn is of a scale that has not been seen for at least three decades. The oil and gas industry has seen hundreds of thousands of layoffs globally, many companies have gone out of business, and those that remain have seen revenues drop by 30-70%.
| Original language | English |
|---|---|
| Pages (from-to) | 932-933 |
| Number of pages | 2 |
| Journal | Leading Edge (Tulsa, OK) |
| Volume | 35 |
| Issue number | 11 |
| DOIs | |
| State | Published - 1 Nov 2016 |
Keywords
- Challenges
- Finances
- Oil and gas markets
- SEG
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