UK upstream sector remains resilient through turbulent times, says GlobalData
UK upstream sector remains resilient through turbulent times, says GlobalData
The UK upstream oil and gas sector has become leaner and more resilient over recent years, as pullbacks in investment and reduced operating costs has helped provide a stronger cash flow outlook under newly weakened oil and gas prices, says GlobalData, a leading data and analytics company.
Daniel Rogers, Oil and Gas Analyst at GlobalData, comments: “Despite a relatively expensive operating environm...