What does the future hold for oil and gas?

What does the future hold for oil and gas?

The UAE's oil and gas industry has been significantly disrupted by the coronavirus pandemic and has a unique set of challenges ahead, according to Carla Sertin, editor of Oil and Gas Middle East.

“We are on the verge of a major transformation. Like most, this transformation is more of an ultimatum than a choice — adapt or fall behind,” said Sertin.

The Joint Ministerial Monitoring Committee, which typically reviews compliance to the group's pledged output cuts, set to meet online Monday

“Most industries felt the impact of the coronavirus pandemic, but the oil and gas industry has a unique set of challenges. While facing historic low oil prices and oil demand, it also has to fight to remain relevant,” she added.

For oil and gas companies, which have extensive digital and physical assets, questions