End of year update confirms the recovery LATEST ANALYSIS In oil & gas, Dietswell echoes in its end of year update what bigger players are seeing: after the downturn that started in 2014, oil exploration & production companies are now much more resilient and ready for a “lower forever” oil price. Therefore, both exploration and production capex spending are likely to be stable with oil at $55-75/b. This should particularly benefit the engineering sector, which does not have
