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LLOYDS BANK RESEARCH SERIES – OIL & GAS Re-evaluating Strategies 2016

Welcome to the fifth annual Lloyds Banking Group oil and gas sector report.

Clearly the last year has been an exceptionally challenging one for the industry, and at a time when so many firms are having to plan and take reactive measures, I hope that our findings will prove especially valuable.

The decline in the price of oil has made headlines around the world, and its knock-on impact on investment and employment has created economic headwinds that are being felt, not just by the industry but across the wider economy.

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