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 December 22, 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 December 22, 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: December 22, 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 December 22, 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/