Getting the house in order

Implications of prolonged low oil prices

Overview

2014 saw the fall of global oil prices that continue to plague the  industry. Since then, the oil and gas industry has had to adapt and innovate in order to remain sustainable. This trend looks to stay for some time.
This publication looks at the possible avenues in building the industry's sustainability. Inside, we take a closer look at a Norwegian case study - how a National Oil Company (NOC) applied different approaches to reshaping the oil and gas market to a leaner service sector.

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Outlook for Southeast Asia and implications for Malaysia

1. Asia continues to remain heavily reliant on hydrocarbons
2. Oil and gas production has declined as fields reach maturity, combined with low upstream investments
3. The region faces high breakeven prices, which will adversely affect upstream investments
4. Oil and gas service providers face growing pressure from low oil prices as gearing levels remain high

Insights

Contact us

Albert Lee

Deals Partner, Transaction Services, PwC Malaysia

Tel: +60 (3) 2173 1082

Lavindran Sandragasu

Oil & Gas Leader, PwC Malaysia

Tel: +60 (3) 2173 1494

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