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TECH SUPPLIER Apr 2019 - Market Perspective - Doc # EUR144326919

Oil and Gas Industry Quarterly Update: January-March 2019

By: Gaurav VermaResearch Manager, IDC Energy Insights, Luiza SemernyaResearch Analyst, IDC Energy Insights, EMEA

Abstract

This IDC Energy Insights Perspective provides a quick one-stop-shopping overview of the EMEA oil and gas industry in the first quarter of 2019, covering M&As, agreements, reorganizations, and major business developments; upstream deals; midstream deals; global LNG contracts; downstream deals; EPC deals, ICT ecosystem major acquisitions, and agreements; and ICT contract wins.

"Looking at current developments influencing the market such as geopolitical turmoil in Middle East and North Africa (MENA), the OPEC production cut supported by Russia, the Canadian production cut, and U.S. sanctions on Iran and Venezuela, high oil prices will continue in the market during the next quarter," said Gaurav Verma, Oil and Energy research manager, IDC Energy Insights IDC Europe.


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