You Will Discover:
Transiition towards smart capital expenditure (CAPEX) and innovative operational expenditure (OPEX) are imminent in the oil and gas industry, especially with highly unstable barrel prices. Frost & Sullivan's “2015 E&P CAPEX Outlook Model” estimates global E&P spending in 2015 to decline to $659.8 billion, down from an estimated $723.3 billion in 2014, if the price of crude oil remains around $60 per barrel.
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