Not much wiggle room to cut supply chain costs in 2020 downturn, Rystad says

In the downturn of 2020, global exploration & production operators will only be able to cut supply chain costs by up to 12%, a Rystad Energy analysis shows.

The current crisis will not be able to unlock many additional efficiency and productivity improvements because much of the potential has been exhausted since the 2014 oil-price drop and not many inefficiencies have arisen since then.

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