Fueling the world of tomorrow |
IOCs and NOCs at a turning point
For both NOCs and IOCs there is a great sense of urgency surrounding future strategies and in particular the relationship models between the two. Deloitte member firms have examined several scenarios in this paper which suggest that, if IOCs and NOCs fail to reinvigorate their relations, the course of events over the next two decades could cause NOCs and IOCs to fall short of their goals leading to dramatic industry restructuring.
NOCs and IOCs are truly at a turning point in their evolution. Decisions made today will have long-term effects on how the global oil industry will develop in the next decade.
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Fueling the world of tomorrow
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