4castplus Blog

4castplus Blog

04 4, 2019

Oil and Gas Contractors Look to 4castplus for Efficiency and Competitiveness

Statistics show that more and more Oil and Gas contractors are moving forward and embracing better technology to streamline their businesses.  Contractors in many industries have been a bit late to adopt software as a means to improve their profitability - but that is changing fast.  This is partly due to the near-collapse in oil prices that haunted the industry over the past five years; which has recently been creeping up into the $60/bbl range to make things profitable again. During that period, companies had been searching for ways to remain profitable, and many turned to technology such as project cost management solutions to secure that profitability.  This momentum is continuing, as companies aren’t prepared to take a risk on another fall in prices.

 

 

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