TECH SUPPLIER Jan 2020 - Market Perspective - Doc # EUR144592820

Oil and Gas Industry Quarterly Update: October–December 2019

By: Gaurav VermaResearch Manager, IDC Energy Insights

Abstract

This IDC Market Perspective provides a quick an overview of the EMEA oil and gas industry in 4Q19, covering M&As, agreements, reorganizations, and major business developments; upstream, midstream, and downstream deals; global LNG contracts; EPC deals; major ICT ecosystem acquisitions and agreements; and ICT contract wins.

"Oil prices appear to have remained high this quarter. Even if the U.S.-China trade dispute gets settled, several ongoing geopolitical tensions in the Middle East region will trigger higher oil prices in the near future" said Gaurav Verma, research manager, IDC Energy Insights.


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