LONDON, Feb. 25, 2016 /PRNewswire/ -- The dramatic decline in the oil price at the end of 2015 and the start of 2016 is having major implications for the sector and the wider economy.
Frost & Sullivan's two top Oil & Gas experts - Principal Jonathan Robinson and Oil & Gas Director Carl Larry - will lead a panel discussion on the 2016 Global Oil & Gas Outlook, followed by a live question-and-answer session. The conference will take place online on Thursday 3rd March, at 3 pm GMT.
To register, please contact Chiara Carella, Corporate Communications, at email@example.com.
"Global oil prices are down 70 percent on the start of 2015 and there are few signs of a short-term recovery. This is putting major pressure on industry players, as they adapt to the new conditions," says Mr Robinson.
"Declines in investment are uneven - some areas are seeing massive pullbacks, but there are areas and players that are continuing to invest for the longer-term," adds Mr Larry.
The presentation will include:
- Slowdown in upstream investment - What will it mean for exploration, production and oilfield service companies?
- M&A Activity - Will lower prices drive deal making?
- Downstream surges to the fore - Can players take advantage to drive longer-term gains?
The oil & gas sector impacts the entire economy, so this briefing is relevant for a wide audience across most major industries. Join Frost & Sullivan to understand the impact of these changes so far and the potential developments in 2016. Specifically within oil & gas, it will be relevant for explorers, producers, refiners, service companies, and equipment providers.
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SOURCE Frost & Sullivan