PwC: Oil&Gas Firms Expect Digitization To Boost Their Revenue By 10%, Reduce Costs By 8.5%

07.02.2020 By Ecaterina Craciun

Oil and gas (O&G) companies anticipate digital applications will deliver on average a 10% increase in revenue due to increased production and reduced time to project start-up, and an 8.5% decrease in costs from improved operational efficiency, over the next five years, per PwC’s ”2020 Digital Operations study for oil and gas” report.

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Keywords:
PwC
, oil and gas firms
, digitization