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As is frequently the case when massive booms turn into extreme slowdowns, demand for oil country tubular goods has dropped significantly.
The oil services industry is obviously going through a period of belt tightening that requires firms to maximize the return on every penny of their investment, as well as squeeze every iota of productivity out of every man-hour of work.
The oil and gas industry has long been a lucrative and fulfilling career option for many people. However, until recently, it has not seen its fair share of women participants in the various fields of the industry.
Executives in the oil and gas industry are aware and warn that a cyber attack could cause “real-world” damage compared to a typical breach in the security of information systems.
There is reason to have serious concerns if a hacker prevails over a network system within the oil and gas industry. First and foremost, the personal information of millions of clients can be sold, or traded, to land in the hands of others that have nothing but ill intentions.