Streamline your operation by making efficient cost cuts. That's a top priority of oil and gas companies worldwide said, "A New Reality," a DNV GL report. Companies surveyed said major cost-cutting coupled with innovative thinking, is the new direction. DNV GL is a leading technical advisor to the oil and gas industry. The take-away message from the survey of senior sector management found cost-containment is the No. 1 top priority during this sustained period of low oil prices. Industry leaders said meaningful cost cuts are key to maximizing long-term success. The key word in that statement is "meaningful."
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