Thematic Intelligence: Energy Transition Strategies of Oil & Gas Contractors

Thematic Intelligence: Energy Transition Strategies of Oil & Gas Contractors

Thematic Intelligence: Energy Transition Strategies of Oil & Gas Contractors

Summary

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.