Three Keys to Successful Oil and Gas Contract Implementation

From improving cost transparency and efficiencies to navigating complicated regulations related to foreign investment, health and safety, and environmental protection rules, the oil and gas industry faces unique complexities within its contracts directly tied to their success. And while crude oil prices have come up since the lows of early 2016, with values still middling, effective contract management has become an increasingly significant means for oil and gas companies to control costs and improve profitability.

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