Search results for: 'Materials Replacing Steel in Oil & Gas Industry'

The oil and gas industry is in the lookout for new materials that can offer a solution to the challenges imparted by the traditionally used one such as steel. While steel and other metals such as aluminum and cast iron are remarkable in terms of strength performance and handling high volumes of oil and gas fluids, a major drawback associated with a...

The global energy industry is going through an unprecedented transition period, 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 for carbon emissions means many companies are also facing pricing, energy security, and industry disruption struggles. The energy indus...

The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies face pricing, energy security, and industry disruption struggles. As the industry moves to meet decarbonization and su...

12 Jun 2024  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2024

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, and industry disruption. As the industry moves to meet decarbonization and sus...

12 Jun 2023  |  Global  |  Market Research

Global Oil and Gas Industry Automation Growth Opportunities

Disruptive Technologies Driving Efficiency, Safety, and Sustainability in Upstream Operations

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The global oil and gas market is currently going through an unprecedented transformation triggered by efforts to reduce carbon emissions and rely on more renewable and environmentally friendly energy sources for the future. The digitalization and automation of processes accompanying this shift represent enormous opportunities, and the market is poi...

Technological and digital trends are transforming the oil and gas industry. Main players commonly choose operational technologies (OTs) to carry out the automation of their oil and gas processes; however, newer technologies, such as AI, IoT, and robotics are starting to gain more relevance in the industry. Oil and gas companies have adopted automat...

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. Digital technology and new business models are driving the...

Digital twin technology is emerging as a viable opportunity for oil and gas (O&G) companies to utilize and analyze enormous amounts of production data. These solutions enable industry participants to visualize various hypothetical production scenarios in real time. Digital twins are virtual representations of existing assets or systems and allo...

The global oil & gas sector is entering a phase where traditional growth models are increasingly misaligned with structural shifts driven by decarbonization, geopolitical disruption, technological change, and tightening societal and regulatory constraints. This analysis outlines 10 non‑negotiable strategic imperatives that will define long‑term com...