This industry-wide report aims to understand current cost levels across the energy industry, how rapidly the sector will recover from its recent downturn and the likelihood of costs increasing again.
The report presents industry sentiment across CAPEX, OPEX, labour and technology, and likely challenges and barriers.
The report can be used to understand future industry plans, project pipelines, committed and probable investment, and issues likely to delay projects and investment.
It will provide a basis for developing business plans, financial forecasts, investment evaluation and workforce planning. The research is unique in that it surveys the full range of industry stakeholders such as operators, service companies, consultants and contractors.
Aspermont Research & Intelligence delivers independent and impartial annual reports to a global audience.
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The past few years have been a punishing time for the upstream business.17 JUNE 2019
The recovery in the Australian oil and gas industry since the downturn of 2014-17 has staying power....
83% of respondents expected their companies to sanction one or more project in the next 12 months.14 JUNE 2019
Survey respondents were divided when asked to predict their levels of OPEX over the next 12 months.
Labour is another obvious driver of cost pressures in oil and gas.14 JUNE 2019