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Category: Equipment

Posted on October 17th, 2023 Posted in Equipment | Management | Oil and Gas | Project Management

Mitigate the downsides of higher interest rates

First, the good news. Since the height of the pandemic in 2020, exploration and production companies (E&Ps) have reduced their net debt from a high of $316.74 billion to $178.66 billion at the end of 2022. According to CreditSights senior analyst Charles Johnston, most independent E&Ps refinanced and now pay less than the double-digit interest […]

WSR equipment management software

Posted on August 17th, 2021 Posted in Equipment | HSE | Management | Oil and Gas | Tips and Tricks

And then there were none?

Did your inventory magically disappear? Or, perhaps the equipment that was due last week is still not in the field? Vinodkumar Raghothamarao, Director of IHS Markit EMEA states, “Oil and gas companies need to focus…on the non-hydrocarbon supply chains that handle the parts, materials and services required to run the business. The non-hydrocarbon supply chain […]

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