Global Oil & Gas Industry: Players enter a challenging 2015

E&P, oilfield services and offshore drilling companies hardest hit, according to Moody┬┤s global research. The global oil and gas industry is entering a challenging 2015 based on stubbornly low oil prices, Moody’s Investors Service says in a new report. Among players exploration and production (E&P) companies will be hit first, while oilfield services (OFS) and midstream energy operators will feel the knock-on effects of reduced capital spending in the E&P sector. Offshore contract drillers are…

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