Leverage the power in numbers
After dealing with sustained low oil and gas prices, cancelled
projects and significant job losses, it's becoming clear that
the oil and gas industry cannot rely on a return to the oil heydays
of years past anytime soon. A fundamental change is on the horizon
for this resource-based industry as companies find themselves
running out of cost-cutting options within their organizations.
Improving efficiencies, laying off employees and running leaner
operations are no longer enough. So what other options are
there?
Recently, Grant Thornton LLP and JuneWarren-Nickle's Energy
Group conducted roundtables in Edmonton and Calgary to discuss just
that. Twenty-five senior executives from the service and supply
industry came together for two thought-provoking discussions about
the challenges ahead and how the oil and gas sector can find new
ways to redefine best practices and reach a new and more
sustainable level of success.
