How have major service companies within the Oil and Gas Industry dealt with the economic downturn that occurred from June 2014 to 2018?

How were the effected companies able to survive the recession while others were not able to? What were the major success factors that played a role in their outcome? What were some of the lessons learned that these companies were able to apply? Service companies to focus on in the research are; – Schlumberger – Halliburton – Weatherford – Baker Hughes Methodology to be used is mainly qualitative analysis and the data will be extracted from online sources, journal articles and any other trusted research sources. Also, maybe there will be an additional interview to be conducted with one of Schlumberger senior executives to validate the findings of the research made.

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