The oil industry challenges and strategic responses
These two chapters, which deal with the strategic responses and business models, should be read jointly, as they try to look at the current situation - and future perspectives of the O&G industry, and how industry players may respond with different strategies, be they of a general or a more specific nature. 7 Key Operational Excellence Challenges Facing the Oil and Gas Industry. Frank J. Wyatt . Follow. Feb 13, 2018 · 8 min read. The oil and gas business operates within complex global and national Workforce Challenges. An aging workforce coupled with a boom in new oil and gas development is creating challenges for energy companies in the areas of recruitment, retention, and training. The oil and gas industry is facing a shrinking talent pool for those with specialized expertise. A large percentage of the individuals who have the