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Continuous disruption is new normal for oil and gas industry, Baker Hughes CEO says

November 14, 2017

Continuous disruption in the oil and gas industry should be viewed positively, Baker Hughes CEO Lorenzo Simonelli said Tuesday.

Speaking at the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC), Simonelli said, “We have to look at disruption as being our friend.”

“The new normal is continuous disruption, we need to take out all the inefficiency and instead our industry needs transparency and visibility,” he said.

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