Aging infrastructure, new state and federal regulations, unfriendly neighbors, an aging workforce and heightened security restricting site access are burdening company operations with increasing costs and deteriorating operational excellence.
The new administration in Washington will mean changes at the Federal Communications Commission which will likely have a significant effect on oil and gas operators involved in the specialized field of energy telecommunications. Yet that is just one of the issues that concerns operators.
In the winter of 2002-2003, Venezuela found itself in the grip of the largest and longest strike in Latin American history. Lasting from Dec. 2 until Feb. 2, the strike paralyzed the oil industry through work stoppages and acts of sabotage.