Aramco has launched a co-lead report on cyber resilience in the oil and gas industry with Siemens Energy, and the World Economic Forum (WEF). The report sets a framework for boards and business leaders to assess cyber risk and improve cyber resilience across the industry, according to Aramco’s press release.

The aftermath of the international downturn in the oil and gas industry, in the UK – which has been struggling with this sector since mid 2014 – is expected to lead to 120,000 job losses in the sector by the end of 2016