Covid-19 lessons for oil and gas manufacturers and suppliers

The phrase ‘new normal’ is very popular at the moment. The oil and gas (O&G) sector has had to adapt to many a new normal over the years. ‘Lower for longer’ was meant to be the new normal with prices in the US$60 – 70/bbl range, before they went much lower than that. Now we have a different type of new normal – one fundamentally changing working practices as we look to ward off the Covid-19 threat. However, though this time it really is different in many respects, one crucial thing remains the same: our sector is a tremendously inventive and a resilient one, and there is no reason to think we cannot weather this storm.

Like many companies in the O&G sector, PJ Group is multinational, with various premises in place as far flung as the UK, Italy, India and Singapore – all countries that have been affected differently at different times by the virus. A lot has been learned about how to respond by observing these differences – both for office-based work and manufacturing – and hopefully some of those observations can be useful to others in the industry.

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October 13-15, 2020

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