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Carbon Capture, Utilization, and Storage (CCUS) will have a huge role to play in the global trend towards decarbonization of industries in the decades ahead. As energy transition accelerates and impending deadlines for carbon-neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors till 20...

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 carb...

31 May 2023  |  Global  |  Technology Research

Impact of Additive Manufacturing Technologies in Oil and Gas

On-demand Components and Shift toward Digital Inventory Drive Adoption of 3D Printing

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Recent years have seen tremendous technological growth in additive manufacturing, also referred to as 3D printing, and increased research and development (R&D) activities as companies work to scale the technology and meet increasing and evolving needs across several industries. In particular, the oil and gas sector is adopting 3D printing technolog...

Investments in oil and gas (O&G) automation declined in 2020 and 2021 as demand dried up because of the COVID-19 pandemic. From 2021 onward, the market began gradually stabilizing and recovering, with high levels of growth starting in 2022. Industry 4.0 is driving the demand for new technology investments and has transformed the O&G value chain...

The Latin American power and energy market is going through a considerable transformation. Renewable energies (RE) are rapidly replacing hydropower and fossil fuels’ dominance in power generation expansion as energy regulations continue to evolve to support decarbonization and decentralization roadmaps, while securing energy access for a projected ...

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 emi...

Mitigating greenhouse gases is the way ahead to avert catastrophes arising from climate change. Permanently removing greenhouse gas emissions from the atmosphere is a huge and urgent task. Emission reduction technologies are necessary to achieve deep decarbonization in emission-intensive industries and net-zero emissions in the long term. Industry ...

17 Nov 2023  |  Global  |  Market Research

Growth Opportunities for Emissions Management in Oil and Gas

Policies, Regulations, Innovations, and New Business Models Will Drive Implementation of End-to-End Solutions

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As the creation and implementation of decarbonization strategies gain pace across industries, emissions management emerges as a key growth opportunity. Frost & Sullivan has identified a complex, dynamic value chain and set of process steps in which opportunities abound: planning and advisory, measuring and monitoring, mitigation, removal, reporting...

25 Oct 2024  |  Global  |  Market Research

Digital Twins in the Oil and Gas Industry, Global, 2024 2030

Digital Twins are Driving Transformational Growth in the Global Oil and Gas Industry by Enabling Precise Operational Simulation

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Fueled by the rising adoption of autonomous technologies, digital twins are emerging as an attractive growth opportunity in the oil and gas (O&G) industry. Digital twin technology helps O&G firms utilize and analyze enormous amounts of production data, enabling them to visualize various hypothetical production scenarios in real time. Digital twi...