2020 has become a real test for people around the world, affecting all areas of life and work. The coronavirus pandemic has opened the eyes to the harsh truth for many oil and gas companies in the world, exposed the financial fragility of the industry, but also fostered further development and the need to revise its main vector.
The largest oil and gas companies in the world suffered huge losses in the shortest period as the measures to isolate from the coronavirus coincided with an unprecedented drop in demand for hydrocarbons. In the first half of 2020, the oil and gas industry faced three major challenges: a significant drop in prices for hydrocarbons, a drastic contraction in demand for crude oil due to the crisis and quarantine measures around the world, and were forced to quickly rebuild their business processes.
Join us at the SPE Russian Petroleum Technology Conference 2021 and learn what measures the industry should take to overcome the current and emerging issues, grow your network and discuss the latest technologies and developments face-to-face with industry leaders, innovators and world experts.
The oil and gas industry has always been and continues to be one of the most high-tech, knowledge-intensive and innovative industries in the world.