Contractors would play a pivotal role in enabling their clients-primarily oil & gas companies-to implement sustainable energy solutions. All major contractors have announced strategies for cutting their emissions to fulfill the decarbonization pledges of their headquartered countries. Contractors are turning to low-carbon energy sources-including hydrogen, renewable power, and bioenergy-to achieve net zero in Scope 1 and Scope 2 emissions.
Scope
- This report discusses the strategies adopted by oil and gas contractors to enable energy transition.
- It identifies key energy transition avenues available to oil and gas contractors for energy transition.
- It highlights the major upcoming energy transition projects being developed by oil and gas contractors.
- It analyzes market signals by oil and gas contractors in terms of deals, patents, and hiring related to energy transition.
- The report provides an overview of the competitive positions held by oil and gas contractors in the energy transition theme.
Reasons to Buy
- Identify major upcoming projects by oil and gas contractors related to renewable power, low-carbon hydrogen, carbon capture and storage, and renewable refineries.
- Provides capacity outlook for low-carbon hydrogen, carbon capture, renewable power, renewable fuels, and energy storage.
- Provides a contracts analysis of oil and gas contractors Oil and gas contractors lag specialists in low carbon project development.
- Identify and benchmark key oil and gas contractors and their position in energy transition theme.
Table of Contents
1. Executive Summary2. Thematic Briefing
3. Why Oil and Gas Contractors Need an Energy Transition Strategy
4. Company Profiles
5. Appendices
- Thematic Research Methodology
- About the Analyst
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aker Solutions
- Technip Energies
- Petrofac
- Saipem
- Wood plc
- Worley
