During 2020, the Abu Dhabi National Oil Company (ADNOC) decreased its capital and operating expenditure spending by 30 percent following the oil industry crisis that occurred in that year. Both national and international oil companies were expecting major revenue losses of about 40 percent during the year.
Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Deloitte. (June 24, 2020). Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte. "Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company." Chart. June 24, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte. (2020). Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte. "Share of Decrease in Spending on Capital and Operating Expenditure of The Oil Sector in The Gulf Cooperation Council Region in 2020, by Company." Statista, Statista Inc., 24 Jun 2020, https://www.statista.com/statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte, Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company Statista, https://www.statista.com/statistics/1203820/gcc-oil-sector-spending-cuts-by-company/ (last visited December 19, 2024)
Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company [Graph], Deloitte, June 24, 2020. [Online]. Available: https://www.statista.com/statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
