TECH SUPPLIER May 2020 - Market Perspective - Doc # EUR144955620

Oil and Gas Industry Quarterly Update: January-March 2020

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

Abstract

This IDC Market Perspective provides an overview of the EMEA oil and gas industry in 1Q20, 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.

"The massive business disruption caused by the COVID-19 pandemic has reinforced the critical importance of businesses being agile enough to leverage technologies such as cloud, robotic process automation, and so on to scale up or down with fluctuations in demand," said Gaurav Verma, research manager, IDC Energy Insights.


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