Understanding the Impact of COVID-19 on Oil & Gas

COVID-19 is first and foremost a humanitarian crisis – as well as an unprecedented economic one. This, together with a supply glut has had a profound impact on the oil and gas industry which will have significant lasting effects. The industry has endured two collapses in the last 12 years but this is different. Companies are currently grappling with the immediate effects, but how are they reshaping themselves to become more resilient? Will these companies still be able to ensure security of supply? Is the O&G sector just too important to fail?

Discussion Points:

– Will people look back at 2019 as peak oil?
– How will the composition of O&G players change?
– What is the outlook for Project FIDs?
– How do you see project finance structures evolving post COVID-19?

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