During 2020, the Abu Dhabi National Oil Company (ADNOC) decreased its capital and operating expenditure spending by ** percent following the oil industry crisis that occurred in that year. Both national and international oil companies were expecting major revenue losses of about ** percent during the year.
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Deloitte. (June 24, 2020). Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 26, 2026, from /statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte. "Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company." Chart. June 24, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 26, 2026. /statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte. (2020). Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 26, 2026. /statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte. "Share of Decrease in Spending on Capital and Operating Expenditure of The Oil Sector in The Gulf Cooperation Council Region in 2020, by Company." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Jun 2020, /statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
Deloitte, Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company ÌÇÐÄÆƽâ°æ, /statistics/1203820/gcc-oil-sector-spending-cuts-by-company/ (last visited July 26, 2026)
Share of decrease in spending on capital and operating expenditure of the oil sector in the Gulf Cooperation Council region in 2020, by company [Graph], Deloitte, June 24, 2020. [Online]. Available: /statistics/1203820/gcc-oil-sector-spending-cuts-by-company/
