Welcome to The Infracon Clipper
Infracon Energy Services is proud to introduce The Infracon Clipper. The Infracon Clipper will be published on a quarterly basis and will focus on what is happening in the industry, as well as, projects that we are currently working on, plus so much more!
Changing Times = Meaningful Approaches
We have all read about the collapse in oil prices and the impact it has and will continue to have on a variety of sectors. Some recent facts from a research piece I read puts the consolidation into perspective:
- Cashflow in the oil sector is down 68% from last year with only $22 billion in cashflow expected this year which is less than it was in 2000.
- Upstream Revenue, which is expected to be approximately $90 billion, is equivalent to what was generated in 2009 at the height of the Financial Crisis.