Energy Transition, Carbon Capture, Automation, and Emissions Management to Drive the Industry Toward Net-Zero Targets
Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past five years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector.
However, the shift to a net-zero future concerning carbon emissions means many companies are also challenged by pricing, energy security, and industry disruption. The energy industry has scarcely been out of the news headlines for the past couple of years, specifically regarding price fluctuations, supply challenges, security issues, and growth in global demand.
The main challenge for today’s O&G industry is balancing the transition to net zero while meeting the current demand for fossil fuels as efficiently and sustainably as possible. Meanwhile, the competitive landscape influencing the future O&G industry is also changing. Innovation, market transformation, ambitious sustainability goals, and disruptive business models are driving the changes.
This study lists and evaluates the top 10 growth opportunities that the publisher has identified for the decarbonization of the global O&G industry in 2024.
Table of Contents
Top Growth Opportunities for 2024
- Strategic Imperatives
- Top 10 Growth Opportunities
- Growth Opportunity 1: CCUS as a Service
- Growth Opportunity 2: Emissions Management Digital Platforms
- Growth Opportunity 3: Remote Leak Detection
- Growth Opportunity 4: Development of CCUS Hubs
- Growth Opportunity 5: Modularization of Carbon Capture Plant
- Growth Opportunity 6: End-to-End Emissions Management
- Growth Opportunity 7: Negative Emissions Technologies
- Growth Opportunity 8: Drone-based Emissions Monitoring
- Growth Opportunity 9: Flare Gas Recovery
- Growth Opportunity 10: Blue Hydrogen Production
- Next Steps
- Legal Disclaimer
