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
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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 November 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 November 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: November 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 November 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/
