A slump in oil prices is forcing the oil and gas services industry for the first time in 15 years to trim costs in a way that executives say will create a lasting change away from their usual lavish way of doing business. Navigating a new environment in which oil prices have halved in a year and their customers are slashing investments, oil service firms face a rough ride. “The industry has been quite lazy in changing because oil prices have been helping us a lot,” Samir Brikho, chief executive of oil service engineering company Amec Foster Wheeler, told Reuters. “At a time like this, you need to take a look at how you can take out the fat. Once we have done this we will never go back, this will become the new […]