The majority of oil and gas executives strongly agree that current market conditions will force companies to delay hiring efforts. According to a July 2020 survey, a combined 85 percent of respondents believed future employment within the industry would be delayed. At that same time, 52 percent of the respondents somewhat agreed that despite the market's conditions, oil and gas companies need to invest in technology and workforce.
Opinion on current market conditions for digital technology adoption and general economic prospects of the oil and gas industry worldwide in 2020
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EY. (July 1, 2020). Opinion on current market conditions for digital technology adoption and general economic prospects of the oil and gas industry worldwide in 2020 [Graph]. In Statista. Retrieved April 19, 2024, from https://www.statista.com/statistics/1190678/oil-and-gas-market-conditions/
EY. "Opinion on current market conditions for digital technology adoption and general economic prospects of the oil and gas industry worldwide in 2020." Chart. July 1, 2020. Statista. Accessed April 19, 2024. https://www.statista.com/statistics/1190678/oil-and-gas-market-conditions/
EY. (2020). Opinion on current market conditions for digital technology adoption and general economic prospects of the oil and gas industry worldwide in 2020. Statista. Statista Inc.. Accessed: April 19, 2024. https://www.statista.com/statistics/1190678/oil-and-gas-market-conditions/
EY. "Opinion on Current Market Conditions for Digital Technology Adoption and General Economic Prospects of The Oil and Gas Industry Worldwide in 2020." Statista, Statista Inc., 1 Jul 2020, https://www.statista.com/statistics/1190678/oil-and-gas-market-conditions/
EY, Opinion on current market conditions for digital technology adoption and general economic prospects of the oil and gas industry worldwide in 2020 Statista, https://www.statista.com/statistics/1190678/oil-and-gas-market-conditions/ (last visited April 19, 2024)
Opinion on current market conditions for digital technology adoption and general economic prospects of the oil and gas industry worldwide in 2020 [Graph], EY, July 1, 2020. [Online]. Available: https://www.statista.com/statistics/1190678/oil-and-gas-market-conditions/